Need a little more guidance?
Remember everyone’s situation is different – from the amount you have saved, to your tax status, to what your ideal retirement looks like.
So working out what’s best for you will involve reading up on your different options, getting your paperwork together from your pension providers so you know what balances you have where, and talking openly about your personal circumstances.
It’s always a good idea to speak to a financial adviser before making any big decisions. And if you’d like to chat through your options, the government offers free guidance called ‘Pensionwise’ to anyone 55 or over – which you can access face to face, by phone or online.
Barclays Wealth Management offers a personal and proactive approach to managing your wealth. We take the time to get to know you and understand your ambitions, and create unique solutions for every stage of your life.
Find out more about Barclays Wealth Management
Ever considered a SIPP?
A self-invested personal pension (SIPP) is a type of personal pension that can offer you access to a wide choice of investments, giving you greater control over where your money is invested.
It’s a flexible way to help you achieve your retirement goals, as long as you’re confident making your own investment decisions.