Eligibility criteria
You are eligible if you have an existing occupational money purchase or personal pension plan with another provider, and you wish to exercise your right to take an open market option and buy a Legal & General pension annuity with the proceeds.
You may also be eligible to buy a pension annuity either by:
- transferring your pension plan with another pension provider to a new pension plan with us, or
- investing a single contribution into our Immediate Retirement Personal Pension Plan
However, we strongly recommend before proceeding you should speak to an Independent Financial Adviser (IFA) to discuss your needs. You can find contact details for further advice by going to Get advice.
