If you only have a defined benefit, then you may only need to focus on one or two areas.

The question ‘how should I invest?’ may not be relevant if your investment strategy is set for you. Your employer bears the investment risk for you on the defined benefit portion of your benefit which is calculated by a formula, which means if investment markets go down, the formula-based portion of your benefit isn’t affected.

You’ll need to consider insurance, but you may be unable to top up your insurance through your existing benefit within the fund. It’s still a good idea to look at your insurance though and if you find you would like more cover, we can help you with your options.