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You don't have to buy an annuity from your pension provider and it often pays to shop around. Call us for a quote and see how we compare.
Guide to annuities.
Whenever you decide to start receiving your pension benefits, you will normally need to buy a pension annuity in order to turn your pension fund(s) into a regular income for life.
You don't necessarily have to retire before buying your annuity, it will depend on your individual circumstances. Buying a pension annuity is an important one-off decision, as once you've bought your annuity you will only have a short period of time to change your mind.
In this section you'll find a number of guides which aim to help you make an informed decision when buying an annuity.
| Annuities explainedThere’s a lot to think about when buying an annuity so we’ve tried to pack as much information as we can into our one-page guide. |
| Compare our annuitiesThere are some key differences between our Pension Annuity and With Profits Annuity. We summarise them for you here. |
| Five easy steps to buying an annuityIt pays to shop around when buying a pension annuity to make sure you maximise your income and choice. |
| Frequently asked questions (FAQs)We’ve put together responses to some common retirement and annuity-related questions, including how to go about turning your pension fund(s) into a regular income. |
| Annuity jargon busterWe define a number of the annuity-related terms that you might not have come across before. |
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