Barclays

Retirement Income Planning

Barclays has the expertise, experience and specialist knowledge to help you maximise your income potential and invest for income generation.

We can help you develop an investment strategy for retirement income generation, execute the transactions necessary and ensure that you remain on track - so that if your situation changes, your income arrangements change too.

As part of our service, we take into account crucial factors such as:

• Your income sources, tax rates and allowances
• Your financial goals
• Your immediate and ongoing income requirements
• Education costs for your children or grandchildren
• Current or anticipated care fees
• The amount you believe you’ll need to fund your retirement.

Learn more about some of the products you can use when planning your income:

• Annuities
  Find out more about what an annuity is, what types and options are available to you, and what you need to consider when purchasing one.
• Pension income drawdown
  You can defer buying an annuity and still enjoy a regular income from your pension fund with either capped drawdown or flexible drawdown.
• Variable annuities
  A relatively new product, a so-called 'variable annuity' offers you a unit-linked investment product with flexible options and guarantees.
• Investment bonds
  Investment bonds offer you another means of maximising your retirement income and can offer significant tax advantages, depending on the type of bond you choose.

Learn more about retirement income planning

To learn more about how Barclays could help you, please contact us and we'll be in touch as soon as possible.

Tax treatment will depend on an individual's personal circumstances and may change in the future. Barclays does not provide tax advice. If in doubt we recommend you obtain your own independent tax and legal advice tailored to your individual circumstances.

Legal information