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Please call the number above for information on Prudential products and services. For full financial advice please contact a financial adviser.
Looking to purchase an annuity within six months
If you're looking to buy an annuity within the next six months, now is the time to consider the choices available to you.
If you are an existing Prudential pension customer
Converting your Prudential pension into an annuity is a simple process. Our dedicated annuities team can help you every step of the way. You may also be able to transfer any pensions you have with other providers to Prudential and buy one larger annuity. This could allow you to buy a With-Profits annuity, which provides the potential for your income to grow over the long-term (although your income can go down as well as up).
If your pension is with another provider
We'd welcome your call to discuss your options such as identifying the best ways to combat the effects of inflation on your spending power. And did you know you can combine two or more pension funds to increase the options available to you?
For more information or to chat through your options, please call our dedicated annuities team on
0800 012 1179* (please quote ECOM).
What options do I have?
From the list below, click on the annuity that suits your individual requirements, or speak to your Financial Adviser.
| Pension fund of at least £10,000^: | |
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| Guaranteed Pension Annuity Also known as a conventional annuity, this option pays you a regular guaranteed income for the rest of your life. You can choose whether your income stays the same throughout your life, goes up each year by a fixed amount, or matches yearly changes in inflation. |
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| Pension fund of at least £20,000^: | |
| With-Profits Annuity Pays an income for life with potential for growth with a guaranteed level of income for life as well. | |
| Pension fund of at least £50,000**: | |
| Income Drawdown Plan Draws an income direct from your pension fund until you are ready to buy your pension annuity. |
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| Pension fund of at least £100,000**: | |
| Flexible Lifetime Annuity An income for life with greater flexibility. | |
| Enhanced Annuity This is available with both Guaranteed and With-Profits annuity options; giving you potentially more income if you're suffering from a serious medical condition. |
So why choose Pru?
We're the No 1 provider of annuities in the UK*** and last year more than 127,000 people chose to buy their annuity with us.
We've been voted 'Best Annuity Provider' four years in a row by independent financial magazine, Moneywise. We've also won 'Best Annuity Provider 2008' awarded by Professional Adviser magazine.
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Find out more about annuities in our Questions and Answers, view 4 important steps and our key reasons or call us to receive a pack:
Looking to purchase an annuity within six months Literature
Prepare your retirement options (pdf 635k)
*** Published new business figures for annuities from calendar year 2007.
