A summary of our annuity options

Feature	Income Choice Annuity	Guaranteed Pension Annuity - our conventional pension annuity		Purchased Life Annuity
		Level Income	Fixed Rate Increasing Income***
Offers the potential to benefit from investment growth
Pays an income for life.
Provides a fixed (known) amount of income for life.
Could help protect against the effects of inflation.
Provides some ongoing flexibility to choose the level of income
Income is guaranteed not to fall.**
Your client can get an enhanced income if your client has a health and/or lifestyle condition. *
Can be purchased on a single or Joint-Life basis.
Can choose a Payment Guarantee Period.
Can convert to a Guaranteed Pension Annuity (conventional pension annuity).		n/a	n/a	n/a
Minimum pension fund value required (after any tax free cash has been taken)	£10,000	£10,000†	£10,000†	£30,000
Type of Commission	Initial or annual commission or a combination of both	Initial	Initial	Initial
	Read more	Read more	Read more	Read more

* Only available for funds greater than £10,000 after any tax-free cash has been taken.

** With our Income Choice Annuity we guarantee never to pay you less than a certain
amount, known as the Secure Level.

*** There are other escalation options available which we are happy to discuss.

† For existing Prudential pension customers there is no minimum pension fund value.