The value of investments can fall as well as rise and you could get back less than you invest. If you’re not sure about investing, seek independent advice.
Pensions are generally the most tax efficient way to save for retirement. A Self-Invested Personal Pension (SIPP) is one form of pension.
With a SIPP you can build a portfolio of investments that suits you and your retirement income needs and ensure you benefit from all the tax relief this type of pension offers. You should be aware that the tax benefits of pensions may change in the future and their value to you will depend upon your personal circumstances. Investments held within a SIPP can fall in value, like any others. You may end up with less than you invest.
Whilst you won’t be able to open a SIPP at the moment, you can be the first to know when the Barclays SIPP becomes available.
If you have a Barclays SIPP, you can manage payments into your SIPP, withdrawals or transfers of existing pensions via the manage button on your account. Any other documents for your Barclays SIPP can be accessed here. This includes your SIPP terms, the Key Features Document and the Benefits Guide which set out how your SIPP operates.