Which Pension

When you’re arranging your retirement income you have various choices to consider. Should you purchase an annuity, or would an alternative retirement product be more suitable.

Which pension you decide upon depends on your particular requirements. Here are some issues to consider. Please use this page as a point of reference, and simply click on the appropriate title to find out more.

Pension choices

There are various pension choices to consider. Here are some of the most common:

• What is an annuity?

• What is income drawdown?

• What is a fixed term annuity?

• What is guaranteed drawdown?

• What is an investment linked annuity?

• What is an open market option?

• Tax-free cash entitlement

Retirement income

How much retirement income you’ll receive does depend on your circumstances:

• Annuities for good health

• Annuities for ill health

• Lifestyle annuities

• Postcode rated annuities

Pension annuity

Which pension annuity and which options are right for you:

• Types of annuities

• Joint life annuity

• Annuity payment guarantee period

• Annuity income

Other retirement options

There are other retirement options that might warrant consideration:

• Approaching retirement

• Delaying buying an annuity

• New annuity purchase rules

• Guaranteed annuity rates

To obtain your free, no obligation annuity quotes you can enquire online, or call us free on 0800 0124 374. One quick free phone call from you can make all the difference. We’re here Monday to Friday, 9 am to 6 pm.