Skip navigation Personal Employer Adviser About us Register Login Pensions & Retirement Savings & Investments Equity Release Contact & Help Investing - DIY or delegate? How to decide which approach is right for you when it comes to investing InvestmentsGuides Pick own investments The value of your investments can go down as well as up and you may get back less than was paid in. What are DIY and Easy investment options? Put simply, DIY investing is where you pick your own investments and manage them on an ongoing basis. You’re in control, making all of the decisions about what to invest in, changing investments and when to buy and sell. Easy investing is when you delegate the decision making to an investment manager. It may vary slightly depending on your provider. Basically, it's when you can pay a provider to let experts manage your investments on your behalf. In the case of Standard Life, the experts will try to get you the best possible returns based on the level of investment risk you’re comfortable with. This may not be the case with other providers, so it’s worth checking. We have options to suit all levels of knowledge and experience. You can choose to be as involved or uninvolved as you like with managing your investments. Why your risk attitude matters All investments come with a level of risk. Your risk attitude is how comfortable you are with certain investing options, and how you feel about the possibility of your investments going down as well as up in value. You can complete this quick questionnaire to get a better understanding of your own attitude to risk, and what it might mean for your investments. Find your attitude to risk What to ask yourself To help you decide which route is best, here are some things you should consider. Context: how much are you investing? The more significant your investment is to you, the more you might want some guidance and expert input. For example, if you have a pension pot worth £150,000, you might want some help making sure that it’s invested the right way. Capability: do you have the know-how? Do you feel comfortable deciding which types of investments to choose? How do you make sure you don’t take too much risk? Can you tell a good investment from a bad one? There are lots of resources out there to help you do all of this. Capacity: do you have the time? Even if you decide you have the know-how, it’s important to make sure you have the time to look after your investments. You’ll need to spend time reviewing performance, researching options and, if necessary, moving your money around. If you don’t have the time to do this, you may run the risk of your investments not meeting your goals. Control: do you want to make the decisions? If you want to be in control of your investments, remember that you’re taking responsibility for the overall level of risk and potential returns. If you don’t feel comfortable taking this on, then doing it yourself probably isn’t for you. Cost: do you want to save money? One of the main reasons people go down the DIY route when it comes to investing is to have more direct control over where you money is invested. But keep in mind that it’s not always cheaper to build your own portfolio. Fund management companies often have massive buying power, which means they can negotiate lower charges and pass these savings on. It could be cheaper overall to go into a fund with a mix of different types of investments. This means an investment professional will decide where to invest and how much risk to take rather than building your own portfolio from individual investments or funds. Ready to invest? If you're looking to invest through a pension plan, you can find out more about your investment options below: Buy a Standard Life Active Money Personal Pension You can set up your pension plan online to start saving for your future. Buy a pension What is diversification? Diversification, or spreading your money across different types of investments, can help to smooth returns. Our guide explains more about the benefits and how you can diversify. Our guide on diversification Risk questionnaire Complete the questionnaire to find out how much investment risk you may feel comfortable taking. Find out more MoneyPlus Keep up to date with investment news, insights and analysis from our MoneyPlus experts. 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