Annuities explained
Historically, most people saved into their pension over their working life to provide a pot of money which could be used to buy them a guaranteed income for the rest of their life. Buying an annuity was the most common way for people to take their retirement benefits before rules were changed in 2015 to allow people to access money directly from their pension pot.
Annuities normally pay a guaranteed income for the rest of your life. Some annuities continue to provide an income to a spouse or civil partner after the original policyholder dies. You can find out what benefits your annuity could pay in your original policy document.
Interested in using your pension pot to buy an annuity?
If you don’t already have an annuity but have reviewed your options and decided you want a guaranteed income for life, you can get a quote here
Download Forms
To give you the right options please select your original policy provider below
Fund prices
You can find out more about funds here
How do I make a claim on an annuity?
If the policyholder of an annuity has died and you think that there may be further benefits available to dependents, please call us and we’ll put you in touch with one of our claims handlers to help you start your claim.
