Over the years you’ll have worked hard to build up your pension funds. As you approach retirement, you’ll need to think about how to get the best level of income you can from the funds you have available. The most popular way to secure a regular income in retirement is by using your pension fund to buy an annuity. An annuity gives you an income for life after you retire.
There are many annuity providers on the market and you don’t have to buy your annuity from the company that holds your pension. This means you can shop around to see who’ll give you the best income. Our specialist Annuity Service uses a panel of annuity providers that can help you to do just that.
Key features of the Annuity Service:
- Available if you have total pension funds of £18,000 or more.
- We’ll arrange an impartial comparison of quotes from our panel of some of the leading annuity providers in the UK market to try to get you the highest possible income.
- You’ll receive a no obligation personalised quote with your report.
If you decide to proceed with an annuity provider we find in our search, that provider will pay us a commission, which will be confirmed in the report we send to you.
Remember, you’re under no obligation to arrange your annuity through this service, and no charges will apply until you are happy with the quote you receive and agree to proceed by returning your signed application.
If the Annuity Service cannot meet your needs and you require advice this can be provided by one of our specialist At Retirement advisers.
For more information please talk to your Relationship Manager.