We use essential cookies to enable our website to function
and non-essential cookies for marketing purposes. You can
change your cookie settings here, otherwise we’ll assume
you’re OK with the current settings.
Some cookies are optional, you can opt in or out of these
Marketing cookies – These cookies help us tailor the
advertisements you see on third party sites by
understanding what interests you on our sites, such as the
pages you view. We don’t combine this information with
other personal information you provide us with.
Tracking cookies – These enable us to recognise repeat
visitors to the site. By matching an anonymous, randomly
generated identifier, we’re able to record specific browsing
information such as how you arrive at the site, the pages
you view, options you select, and the path you take
through the site. By monitoring this information we’re able
to make improvements to our sites.
Social cookies – These cookies allow you to share and like
our pages through your favourite social network sites.
Everyone has their own idea of what they want to do in retirement and the income they will need. How you access your pension pot is a big part of how you will achieve the standard of living you want when you retire.
In April 2015 the Government introduced a new range of retirement options designed to give you greater freedom when accessing your pension pot.
You should explore each option including the pros and cons of each and seek advice if you need it so that you can make an informed decision on what’s right for you.
However there are a number of alternative options you may want to explore too before making any decisions
Cashing in – freedom to take your pension pot as cash for it to be spent as you choose
Investment-linked annuity – a lifetime income linked to investment performance
Fixed term annuity – an annuity that lasts for a fixed duration
Pension drawdown – a way to re-invest your pension pot and draw from it as required
Pension drawdown and investment linked annuities are investments. As with any investment, the value of your fund can go up or down and may be worth less than what you paid in.
Your annuity enquiry will be referred and serviced by our preferred partner, who will be able to offer you specialist annuity advice.