Pensions and retirement
After working hard throughout your life, you deserve to live comfortably in retirement.
But a significant amount of planning is required to make sure you can maintain your lifestyle. There are plenty of options on how you can save money to fund your retirement. Most people will have a combination of ISAs and, general savings and investment accounts while taking advantage of the various tax incentives offered by pensions.
If you’re struggling to figure out the world of pensions, why not spend some time exploring our Retirement Centre. We have a range of resources that can help you make the right decisions when it comes to pensions and retirement.
There have been some big changes to pensions in 2015 & 2016, some of which have made pensions more flexible, but some have added further restrictions. These have been added into the Retirement Centre.
Managing your pension savings with a SIPP
If you are a confident investor, who wants to manage your own investments and accept the risk that comes with that, a Self Invested Personal Pension (SIPP) might interest you.
SIPPs give you the freedom to choose and manage your own pension investments. Their value can go down as well as up and you could receive less that you have invested so you need to be sure that you are comfortable with that. If you aren’t, please seek independent advice.
We have lots of resources to help you explore how SIPPs work and learn about our own Barclays Stockbrokers SIPP.