Our retirement income products could help you make the most of your pension pot.
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.
Our products
Pension Annuity
A lifetime annuity that is guaranteed to pay you a regular income for the rest of your life.
- An income for life
- Potentially higher income for some medical conditions and lifestyle risks.
- Can protect against inflation
Cash-Out Retirement Plan
Regular payments for a fixed term to maximise tax efficiency.
- Choose the length of your plan
- Get a fixed income
- Could be used as an income top-up
Introduction fee
If you decide to buy a retirement product from us, we'll pay Sun Life Financial of Canda an introduction fee. This fee will not be deducted from your pension pot, and will not affect the income quoted.
- Pension Annuity: 3.5% of the purchase price
- Cash-Out Retirement Plan: 0.5% of the purchase price
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
The Government’s free and impartial service, offering guidance to make money and pension choices clearer.
To find out more or book an appointment online click below or call.
0800 011 3797
9am to 5pm, Monday to Friday.
Calls may be recorded or monitored.
Speak with us
Our colleagues are always happy to help with your questions or to help you apply for a quote.
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