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A secure, regular income for life
Our lifetime annuity uses the money saved in your pension plan to give you a guaranteed, regular income for life. You can also choose to provide an income for your chosen beneficiary(ies), like a spouse or partner.
Once you’ve set up your policy, you can’t revise or cancel it so we recommend that you seek professional advice before you apply.
Get a tailored quote for this product from a financial adviser. To find one, visit Unbiased.
Just so you’re aware, we’re unable to change the terms of your annuity policy once we’ve set it up. Your income will stop when you die unless you opt to include death benefits. Inflation will reduce the spending power of your income, especially if you haven’t chosen a rising income. The value of your investment can go down as well as up and you may get back less than you invest. Tax rules depend on the type of investment and individual circumstances and may change. Other annuity providers may provide you with a better outcome.
Find out the amount and percentage rate of income tax you’ll need to pay on any pension funds you withdraw.
Learn moreFind out your average life expectancy, so that you can successfully plan for your future.
Learn moreKey features
Lifetime annuity enhanced lifetime annuity and scheme pension key features
Customer guide
Lifetime Annuity and Scheme Pension customer guide
Get a tailored quote for this product from a financial adviser. To find one, visit Unbiased.
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