Opening Hours

Open until 8:00pm Today

Opening Hours

  • Monday - Thursday

    9:00am - 8:00pm

  • Friday

    9:00am - 5:30pm

  • Saturday

    9:00am - 5:00pm

  • Sunday

    Closed All Day

Our Address

Key, Baines House,

4 Midgery Court, Fulwood,

Preston, PR2 9ZH


0808 156 2693

Retirement Options

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.

Conventional annuity

For a regular income that will last for life


Explore your alternatives

Read about each alternative option, including the pros, potential risks and tax implications before you make an informed decision about which one is right for you.

Enhanced annuity

Factors such as your health and lifestyle could mean you qualify for a larger income

Page last updated: Friday 03 July 2020