Reviewing your investments
Regular reviews let you manage your investments and consider whether they're still on track to meet your goals. After all, your goals may have changed over time, so you may need to change your investment strategy.
It's your money, so it's important to make sure your investments are continuing to meet their objectives and your goals. If it's been a while since you invested your money, this could be time to review and make any necessary changes.
Things to consider
What you get back from your investments depends on how they've performed and the charges taken. Before you invest it's important to be aware of a fund's objectives and then to review it regularly to make sure it's continuing to meet those objectives.
Your attitude to risk
Over time your appetite for investment risk might change, which means where you're invested may not still be appropriate. Our risk questionnaire can help you work out your attitude to risk.
Spread your investments
To spread your risk, you should consider investing in different types of investments and asset classes, like equities, bonds, property and money market instruments. Then you won't need to rely on the performance of a single investment or asset class.
Investments need time to grow. As they can be affected by ups and downs in the markets, you should consider holding investments for at least five years. Be aware of any fixed-term investments you hold too - and be prepared to take action when they reach the end of their term.