Discover a plan that pays a fixed income, followed by a lump sum at the end.
Choosing our Fixed Term Retirement Plan means you’ll get a pre-agreed regular income over your chosen period of between 3 and 25 years. And you’ll get a lump sum, known as the maturity value, at the end of the term. Our Fixed Term Retirement Plan, which you may sometimes hear or see this type of plan called a fixed term annuity, does not provide an income for life.
Our Fixed Term Retirement Plan can be tailored to suit your needs in retirement. Please be aware, the options you pick will affect the level of income you’ll get.
Making well-informed decisions about financing your retirement is important so it’s worth shopping around and using available guidance and advice, before you buy. Other providers may have more appropriate products or be able to offer a higher level of retirement income.
- Choose the length of your plan
- Get a fixed income
- Get a lump sum at the end of your term