What is a Pension Annuity?

Our Pension Annuity is a lifetime annuity that pays you an income for the rest of your life. You must be aged 55 or over and have at least £5,000 left after you’ve taken any tax-free cash from your pension pot to apply online.

Our Pension Annuity can be tailored to suit your needs. If you have any medical conditions or lifestyle health risks, it’s important to let us know when you apply as it may increase the amount of income you can have. 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.

  • An income for life
  • Continue to have your payments paid to a partner or dependant after you die.
  • Can protect against inflation

You can call us on 0800 008 3034 if you’d like to get a quote for a smaller amount. Monday to Friday, 9am to 5pm. Calls may be recorded and monitored.