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Member survey - how do you feel about your pension?
1.
What type of workplace pension do you have?
Defined Benefit (DB) - final salary / career average (guaranteed income type)
Defined Contribution (DC) - pot of money / investment type
A mixture of DB and DC
Not sure / don’t know
2.
How well do you understand what that pension type means for you?
I understand it very well
I understand it fairly well
I understand it a little
I don’t really understand it
I'm not sure what it means at all
I understand it very well
I understand it fairly well
I understand it a little
I don’t really understand it
I'm not sure what it means at all
3.
Do you have a retirement plan in mind (i.e., what you want your retirement to look like)?
Yes - I have a clear idea / plan
Sort of - I have some goals but it's not clear yet
No - I haven't really thought about it
I'm not sure what a 'retirement plan' would involve
Yes - I have a clear idea / plan
Sort of - I have some goals but it's not clear yet
No - I haven't really thought about it
I'm not sure what a 'retirement plan' would involve
4.
How confident are you that your pension savings will be enough to support your retirement plans?
Very confident
Fairly confident
Not very confident at all
Not at all confident
I don't know / I haven't checked
Very confident
Fairly confident
Not very confident at all
Not at all confident
I don't know / I haven't checked
5.
What’s the main reason you chose that answer?
I know what I'm on track to get (I've checked statements / online tools)
I'm not sure how much I'll need in retirement
I don't know what a 'good pension' looks like at my age
Other priorities (mortgage/children/caring etc) mean retirement savings feel hard right now
The cost of living / inflation worries me
Other (please specify)
6.
What is your biggest worry about retirement (pick one)?
Running out of money / not having enough money
My health / care costs in later life
Not being able to stop work when I want to
Supporting family or dependants
Other (please specify)
7.
If you wanted to save more into your pension, do you understand how you can do that?
I understand it very well
I understand it fairly well
I understand it a little bit
I don't really understand it
I haven't thought about it / I didn't know I could save more
I understand it very well
I understand it fairly well
I understand it a little bit
I don't really understand it
I haven't thought about it / I didn't know I could save more
8.
In the last 12 months, how often have you thought about what your retirement might look like?
Often (monthly or more)
Sometimes ( a few times a year)
Rarely (once a year or less)
Never
Often (monthly or more)
Sometimes ( a few times a year)
Rarely (once a year or less)
Never
9.
How do you usually manage your pension?
Online using the member website
By post
Over the phone
A mixture of these
I’m not sure
10.
What's the one thing you wish you understood better about your pension right now?