A guide to choosing your annuity
Whether retirement is a long way off, or just around the corner, it's important to think about how much income you're going to have. And as you approach retirement, you'll also have to decide how you'd like to receive the money from any pensions you've been saving towards. The most popular way of securing an income for life is by converting your pension fund into an annuity. But before you can do this, there are some important decisions you'll have to make.
We've put together this guide to help you find out more about turning your pension into an annuity and the options available to you.
-
What's an annuity?
Get the basics on securing an income for retirement.
-
Types of annuity
Read about the different types of annuity you can choose.
-
How much annuity income will I get?
Factors that will affect the level of income you'll receive from your pension.
-
Annuity planning timetable
Key steps to help you get the pension income that best meets your needs.
-
Annuity tips before you buy
A checklist of the things you should consider before buying your annuity.
-
Your annuity questions
Answers to your most frequently asked questions.
