Sorry if this has been done before. I just got Creative Cloud, have worked on older versions of Photoshop before. Every time I try to do anything vector based in Ps CC, be it Text, Pen Tool or creating simple Shapes, Ps shows them pixellated and as if they were rasterised whilst showing it as Shape layer, with option to rasterise still selectable. With type, anti-aliasing is on. Am running Illustrator too and there is no problem with my screen representing vector based shapes crisp and clear. 
When I print text from Ps, it comes out pixellated.
When I save it out as e.g. jpg, it is blurry and pixellated. 
Help please!

Is there something in Ps like the Pixel Preview Setting in Illustrator that I may have switched on accidentally without knowing?