Considering annuities


 

What is an annuity?

If you are looking for a guaranteed income for the rest of your life, then an annuity is currently the only product that can offer this. It is a financial product that you can purchase using your pension savings. The company that provides the annuity then gives you a known income, in return, every year for the rest of your life. For a quick explanation, why not take a look at this: 

Is it easy to buy a guaranteed income for life – what are the options?

Yes – it's easy. An annuity will provide you with a guaranteed income for life, but there's some important information to think about so that you're well-informed and sure you're going to get the best possible offer, and income, when you do make that purchase.

To explain annuities in detail, we've created a whole section of information about annuities.


Our sister company, Just Retirement Solutions, offers an annuity comparison service that could help you make sense of your options.

Visit the Just Retirement Solutions website