This guide serves as a resource for members of the West Yorkshire Pension Fund, specifically for those participating in the Local Government AVC Scheme. It provides essential information regarding the available funds for pension savings, investment basics, and the importance of understanding risk and diversification. The document is structured into three sections: the first section outlines investment fundamentals, including types of assets, risks associated with investments, and the concept of diversification. The second section details specific funds available for investment, while the third section offers practical information, including a glossary of investment terms and insights into the Financial Services Compensation Scheme. The guide emphasizes the necessity of consulting a financial adviser for personalized support and encourages members to read all provided materials thoroughly before making investment decisions. It also notes that the value of investments can fluctuate, and members should be aware of the potential risks involved in their investment choices.