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Helping you get a guaranteed income for as long as you need

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Have a commitment free chat with a friendly adviser today0800 032 9124

Let us explain what annuities are...

What is an annuity?

  • An annuity provides a guaranteed income for the rest of your life using your pension savings.
  • If you value the reassurance of knowing you'll receive a guaranteed income every year for the rest of your life without taking any investment risk, an annuity may be the right product for you.
  • Fixed term annuities are also available and provide an income using all or some of your pension pot for a defined time.

Your Annuity options

Does an annuity sound like something you'd be interested in?

Here are some considerations worth thinking about...

important information about annuities

Here's what you need to know about annuities


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  • It gives you a guaranteed income for life or a fixed term.
  • You can protect your income by taking out death benefit, which continues to pay an income to your partner or spouse after you die, or pays out a lump sum.
  • You can also protect your income against inflation


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  • If you die shortly after the plan starts you may not receive full value.
  • There is no flexibility to vary income and you can’t take money out (other than the income payable).
  • There are potentially better returns available from other products.
  • If the Government changes the way annuities are taxed, the income paid to you may fall.

financial advice

Need help?

Have a commitment free chat with one of our friendly advisers today. Start your conversation by giving us a little more detail.

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For TextDirect: First dial 18001

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Advice or guidance

What's the difference between advice and guidance

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Advice is given by a professional adviser such as IFAs, financial planners, wealth managers and pension specialists. Advice is regulated by the FCA, protecting you from negligent advice and will give you tailored recommendations for your individual circumstances and ensure that the best option or combination of options for your circumstances is found, even if this goes against what you originally thought to be the best decision for you. Taking advice usually costs money.

Speak to one of our friendly advisers today and see how we can help you find the best income for your pension. We can:

  • Give advice on all types of pensions
  • Maximise your pension income
  • Help you make the best possible use of your hard earned savings.

Guidance gives a general overview of the options available on the market for free by highly trained specialists. Guidance services won't tell you what to do with your money and you will need to research the market to find the right products and providers to suit your needs and preferences. There's no protection available, but taking guidance is a good place to start to help you understand the various choices available.

For guidance on your defined contribution pension we recommend visiting Pension Wise, a free government service from MoneyHelper, offering impartial guidance on your pension options.

To book an appointment call 0800 138 3944, 9am to 5pm Monday to Friday, visit their website, or email at [email protected]

Pension Wise won't recommend any products or tell you what to do with your money.