Our annuity products
Pension Annuity
Allows your clients to plan their future knowing what their income will be each year, confident that payments won't fall, with the choice of a fixed or increasing income.
Fixed term annuities
Our Fixed Term Retirement Plan and Cash-Out Retirement Plan allow your clients to receive regular income payments over a term of between 3 and 40 years.
Lifetime Care Plan
Our Lifetime Care Plan, an immediate needs annuity, provides a guaranteed monthly payment for life to help pay for your clients’ care fees.
Compare our annuity products
Our annuity products may appear similar, but it's important to understand the differences between each product. We've pulled out some of the key points below.
| Pension Annuity | Fixed Term Retirement Plan | Cash-Out Retirement Plan | Lifetime Care Plan | ||
| Age | 55+ | 55+ | 55+ | 60+ | |
| Minimum investment | £5,000 | £10,000 | £10,000 | £10,000 | |
| Maximum investment | £1,000,000. If over that amount, it will be passed to our underwriting team | Unlimited - but additional checks to be carried out on large amounts | Unlimited - but additional checks to be carried out on large amounts | Unlimited - but additional checks to be carried out on large amounts | |
| Source of funds | Pension savings | Pension savings | Pension savings | Customer's own money | |
| Term | Life | 3 to 40 years | 3 to 40 years | Life | |
| Guaranteed Minimum Payment Period | 1 to 30 years | 0 to 40 years | 0 to 40 years |
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| Value Protection |
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| Spouse/Dependant benefit |
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| Maturity value |
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| Option to choose an increasing income in line with Retail Prices Index (RPI)1 |
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| Underwritten |
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| Pension Annuity | Fixed Term Annuities | Lifetime Care Plan | |||
1RPI is the index of the average change in the prices of goods and services in the UK. For our Pension Annuity and fixed term annuities, your client can choose to have the increase capped at 5%, referred to as the Limited Price Index (LPI). If they choose an income that increases over time, the income we’ll pay them to begin with will be lower than if they'd chosen a level income.
Broker Support Specialist Team
Speak to our team for help with your annuity quotes. Call our team on
0345 071 0040
Monday to Friday 9am – 5pm*
Or email them**
*Call charges will vary. We may record and monitor calls.
**If you're contacting us by email please remember not to send any personal, financial or banking information belonging to you or your client because email is not a secure method of communication.