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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.

     

     

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