This guide explains your pension decision journey – how the two plans work, where to find information that can help you with your decision, some things to consider and what to do next.
Things to consider
How important is a guaranteed sum?
Would you prefer to contribute more and maximise Barclays’ contribution?
How well do you think investments will perform?
How experienced an investor are you?
Do you have any other savings?
Choosing the right pension scheme and investment funds are important financial decisions and shouldn’t be taken lightly. To help you with any decisions about saving for retirement, you should consider contacting the following organisations:
Money and Pensions Service – The Pensions Advisory Service (TPAS): pensionsadvisoryservice.org.uk
For more information about the State pension visit: gov.uk/new-state-pension