Help Yourself

Q1 Your retirement plans

Thinking about your retirement plans, when do you plan to retire?

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Why are you asking?

The further you are from retirement, the more investment risk you may be able to take. This is because if the value of your ITV DC savings falls, you should potentially still have time to make up the losses, either through future investment growth, or by saving extra.

On the other hand, the closer you are to retirement, the less time you'll have to make up any falls in value.

Q2 Your ITV pension

Thinking about your income in retirement (including other pensions and savings, State pension etc), how important are your ITV DC savings likely to be?

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Why are you asking?

The more income you have from other sources, the more investment risk you may be able to take with your ITV DC savings; the reverse is also true.

You will also need to think about other factors such as how much you can afford to save and when you intend to start accessing your ITV DC savings.

Q3 Your salary

What's your current salary?

(your answer is confidential and won't be retained electronically)

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Why are you asking?

How much you earn gives an indication of how much you're likely to be able to save towards your retirement, how easy it might be for you to save more if you need to and how much investment risk you might be able to take. Your current salary, together with your answers to the other questions in Help Yourself, will enable us to provide you with a more tailored idea about the investment options you might like to consider for your ITV DC savings.

The information you provide in Help Yourself is confidential and is not stored electronically.

Q4 Shortfalls

If the value of your ITV DC savings falls significantly, reducing the amount of income you could expect at retirement, what would you prefer to do?

* this suggested figure is the real cost to you after tax relief, that is, the amount you'd see your take-home pay reduce by

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Why are you asking?

Most investments go down as well as up in value. How you deal with falls in value will influence the type of funds you should think about investing in.

If the value of your ITV DC savings falls significantly, you might find that you'd need to save a reasonable amount extra, or plan to work several years longer to give your savings time to grow.

Q5 Saving extra

If your potential income in retirement looked like it might be less than you hoped, how easy would it be to save an extra, say, £80£120£125£200 each month*?

* this suggested figure is the real cost to you after tax relief, that is, the amount you’d see your take-home pay reduce by

Why are you asking?

Most investments go down as well as up in value. This, in turn, will affect the value of your ITV DC savings and ultimately your income in retirement. Your ability to save more towards your pension if your ITV DC savings do fall in value will influence the type of funds you should think about investing in.

Q6 Ability to save

Thinking about what might affect your ability to save for retirement, please tick all that apply from the list below

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Why are you asking?

When you can afford to save towards your retirement is just as important as how much you can afford to save, and can affect how you decide to invest your ITV DC savings. Various factors will affect your ability to save, such as how your earnings change during your career, whether you expect to take a career break (for example, maternity leave or care for a family member) or expect to have significant financial commitments later in life (for example, helping children through higher education or training, or paying for nursing care for a parent).

Q7 Attitude to risk

Thinking about your attitude to money, which statement do you identify with most closely?

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Why are you asking?

Some investments are more risky than others (that is, they go up and down in value significantly). Your attitude to money and taking risks will influence the types of funds you're comfortable investing in.

Q8 Control

How much control do you want over how your ITV DC savings are invested?

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Why are you asking?

The ITV DC Plan lets you take a hands on or a hands off approach to your investments, so you can get actively involved as much or as little as you want.

The approach that suits you will depend on how much time you're prepared to spend managing your investments, and how confident you are about making investment decisions.

Results

The boring but important stuff

Help Yourself is a simple tool with a serious aim –
to help you think about your investment choices and what suits you.

Based on your answers to the questions, it gives you some ideas about the investment option and funds you might want to consider. What it doesn't do is give financial advice or recommendations. It's too simple for that.

By using Help Yourself you accept its purpose and understand its limitations. If you want to know more about how Help Yourself works and what it does, click the terms and conditions button above.

Now we've got that out of the way, click the button below for your results.

Terms and conditions

Help Yourself is for general guidance only. Please make sure you understand how it works and its limitations before obtaining your results. By using Help Yourself you agree to the points and terms of use set out below:

  • Your investment options: Members of the ITV Defined Contribution Plan (ITV DC Plan) can invest their ITV DC savings through a hands on or hands off approach. There are 4 hands off options (focused (mainly pension), phased (mainly pension), blended (mainly pension) and steady (mainly pension)) to choose from, and 15 investment funds through the hands on approach.
  • About Help Yourself: Based on your answers to 8 simple questions, Help Yourself will suggest whether the hands on or hands off approach might suit you, it also gives you some ideas about what option you might like to consider if you decide to invest through the hands off approach, and the types of assets you might like to consider if you decide to invest through hands on. These options and asset types are suggestions only based on your response to the questions.

    Help Yourself cannot take account of your personal circumstances; it asks a limited number of general questions and because of this you should not regard any of the information it provides as either financial advice or recommendations.

    Neither the Trustees of the ITV DC Plan (the "Trustee"), ITV plc, including all Participating Employers of the ITV DC Plan (together "ITV") nor Willis Towers Watson Ltd ("Willis Towers Watson"), the Trustee’s investment advisers, can be responsible for any decisions you make based on Help Yourself.
  • Getting advice: You are responsible for carrying out your own investigations before deciding how to invest your ITV DC savings; you should take impartial financial advice if you're not sure what to do or want specific advice about your own personal circumstances.

The 'small print'

Help Yourself has been developed for the Trustee and ITV by Willis Towers Watson, an independent firm of actuaries and consultants authorised and regulated by the Financial Conduct Authority. Access to Help Yourself is provided to you by the Trustee and ITV and is subject to the terms of use displayed under 'About Help Yourself'.

Help Yourself is made available to you without any acceptance of responsibility by Willis Towers Watson and all warranties are excluded to the extent permitted by law. In particular, no representation, warranty or undertaking, expressed or implied is or will be made or given by Willis Towers Watson in relation to the accuracy or completeness of the information provided by Help Yourself for use as the basis for making investment or pension planning decisions.