Compare our annuity products

Our annuity products may appear similar, but it's important to understand the differences between each product. We've pulled out some of the key points below.

  Pension Annuity Fixed Term Retirement Plan Cash-Out Retirement Plan Lifetime Care Plan
Age 55+ 55+ 55+ 60+
Minimum investment £5,000 £10,000 £10,000 £10,000
Maximum investment £1,000,000. If over that amount, it will be passed to our underwriting team Unlimited - but additional checks to be carried out on large amounts Unlimited - but additional checks to be carried out on large amounts Unlimited - but additional checks to be carried out on large amounts
Source of funds Pension savings Pension savings Pension savings Customer's own money
Term Life 3 to 40 years 3 to 40 years Life
Guaranteed Minimum Payment Period 1 to 30 years 0 to 40 years 0 to 40 years
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Value Protection
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Spouse/Dependant benefit
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Maturity value
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Option to choose an increasing income in line with Retail Prices Index (RPI)1
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Underwritten
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  Pension Annuity Fixed Term Annuities Lifetime Care Plan

1RPI is the index of the average change in the prices of goods and services in the UK. For our Pension Annuity and fixed term annuities, your client can choose to have the increase capped at 5%, referred to as the Limited Price Index (LPI). If they choose an income that increases over time, the income we’ll pay them to begin with will be lower than if they'd chosen a level income.

Contact centre

Broker Support Specialist Team

Speak to our team for help with your annuity quotes. Call our team on

0345 071 0040

Monday to Friday 9am – 4pm*

Or email them**

*Call charges will vary. We may record and monitor calls. 

**If you're contacting us by email please remember not to send any personal, financial or banking information belonging to you or your client because email is not a secure method of communication.