Working together
Sun Life Financial of Canada and Legal & General are proud to be working together.
About us
Established in 1836, Legal & General is one of the UK's leading financial services groups and a major global investor, with international businesses in the US, Europe, Middle East and Asia.
As of May 2024, we had over 1,011,000 annuity customers. In the 12 months to May 2024 we paid our customers over £3.29 billion in retirement income.
Unless otherwise indicated, all references to 'us', 'we' and 'our' on this website indicate Legal & General.
Working with Sun Life Financial of Canada
As a Sun Life Financial of Canada pension customer who transferred from Legal & General, you have access to our Pension Annuity and Cash-Out Retirement Plan.
- In most cases, the earliest you can buy an annuity is 55. If you've considered the options available to you, We'll be happy to provide you with as many online quotes as you want so you can compare the effects of different options. Make sure you shop around and consider your options. Then if you decide to pick us, you can apply online.
- If your Sun Life Financial of Canada pension has a Guaranteed Annuity Rate (GAR), Guaranteed Minimum Pension (GMP) or another guaranteed annuity option we'll honour these rates if you buy our Pension Annuity.
- If you have any medical conditions or lifestyle health risks, you could qualify for enhanced income with our Pension Annuity.
Please be aware that once you’ve bought an annuity, you can’t change your mind so it’s important to make the right decision.
Our products
If you've decided to access your pension pot, our products can help you make the most of your money. Choosing the right product for you is an important decision and you should shop around to explore retirement products and options from a wide range of providers.
We currently have two products available for Sun Life Financial of Canada customers.
Pension Annuity
A lifetime annuity that is guaranteed to pay you a regular income for the rest of your life.
Cash-Out Retirement Plan
Regular payments for a fixed term to help maximise tax efficiency.
Received your Sun Life Financial of Canada pack?
If you've already received your pack explaining your retirement options, it's worth finding out more about our products.
We currently offer a Pension Annuity or Cash-Out Retirement Plan to Sun Life Financial of Canada customers.
If your pension pot has a Guaranteed Annuity Rate (GAR), Guaranteed Minimum Pension (GMP) or other guaranteed annuity option you will need to call us for a quote on:
0800 316 3062
9am to 5pm, Monday to Friday. Calls may be recorded and monitored.
Need some help?
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.
Retirement guidance
Pension Wise from MoneyHelper
You can get guidance from the government's free and impartial service to help make your money and pension choices clearer.
The availability of appointments can vary between a few days and several weeks, so if you need guidance, it's a good idea to book an appointment slot now:
0800 138 3944
Monday to Friday 9am to 5pm.
Calls may be recorded and monitored.
Speak with us
Our colleagues are always happy to help with your questions or to help you apply for a quote.
Get financial advice
Financial advisers can give you professional advice for pension planning.
You usually need to pay for their service and in return they recommend how to make the most of your pension given your circumstances.
To find and compare financial advisers please visit their website below.