An annuity converts your pension fund into pension income which you will be paid for the rest of your life. Choosing the right annuity is an important decision which can have a big impact on your financial circumstances. You don't have to buy your annuity from your current pension provider and can often get a higher income by shopping around.
A number of important factors can affect the level of income you receive from your annuity, such as:
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Following recent budget announcements, we are currently reviewing our Pension Annuities offering. Please check back soon.