This is the annuity calculator provided to the Barclays Bank UK Retirement Fund by TOMAS. This tool will help you understand what income you can buy with your pension fund value when you come to retire.

More than 13,000 people in the UK are over 100 years old.

Office of National Statistics figures suggest there are over 13,000 centenarians in the UK. Generally, people today are living longer, healthier and more productive lives than any other generation.

 

How do I turn my pension savings into an income?

This is one of the most important decisions you will make. But don’t worry. We’ll help you understand your options clearly and simply.

What do I have to do?

  • 1.

  • Identify the right product

  • 2.

  • Select the options you want

  • 3.

  • Choose which company to go with

Boost your income in retirement

Everyone has the right to shop around at retirement for the best deal.

It’s just like buying car insurance, except that the stakes are higher, much, much higher. With car insurance, if you don’t shop around this year, there’s always next year. That’s not the case at retirement. For most people, this is a single, irreversible, one-off decision. A bad choice could cost you dearly.

title