Annuities Types

Types of annuities

 

Level without guarantee

This means the income from your annuity remains the same for the rest of your life ie it will be prone to inflation.

Escalating 5% pa compound without guarantee

The income from your annuity increases by 5% each year (ie to counter inflation) but stops immediately you die.

Joint Life last survivor

When the “first life” dies (ie one partner of a couple getting the annuity pops their clogs) the annuity passes to the survivor – the second life – and continues until they die.

 

If you want to get a specific idea of how big an annuity you could get with your pension fund, we can connect you to an IFA who specialises in annuities. They will give you a quick customised quote.This is a free service and you’re under no obligation to proceed in any way. Click here.

 

Read the full UK Annuity Guide

 

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Annuities UK Guide

Basic Facts About UK Annuities

Choosing Your UK annuity

DIY UK annuities

Types of UK annuities

Check the Latest UK Annuity Best Buy tables

Getting annuity quotes via here