Retirement Annuity Plan

Your Retirement Annuity Plan is also known as a Retirement Annuity Contract or a Section 226 Policy.

Read about the features of your Retirement Annuity Plan

Although there are some differences compared to today's personal pensions, Retirement Annuity Plans essentially have similar benefits.

  • Tax-efficient saving* - a Retirement Annuity Plan qualifies for tax relief, just like other pension plans, and you can take a tax-free cash lump sum on retirement. Read more about the tax benefits. Note that pensions in payment are taxed as earned income.
  • Flexibility - make regular monthly or yearly payments, or a single payment. Note that any changes to your contributions will impact on your benefits at retirement.
  • Funds available - Your pension contributions can be invested in a choice of funds. The funds you can choose from may vary depending on what funds are actually available at the time and the funds available will depend on your individual terms and conditions.

The value of your investment can go down as well as up and you may not get back the amount you put in.

Review your Retirement Annuity Plan

By accessing MyPru, our secure online portal, you may be able to manage your enquiry yourself or alternatively send us a secure email to deal with your product query.

Within MyPru you can check the value of your policy, change personal details, view key documents online and send us secure messages.

If you have not yet registered for MyPru registration only takes a few minutes, remember to have your policy number to hand - register for MyPru.

Alternatively you can call us on 0345 640 3000 (Mon-Fri 8am-6pm). Calls may be recorded for security and quality purposes.

*This is based on current taxation, legislation and HM Revenue & Customs practice which can change in the future. The impact of tax and any tax relief will depend on your individual circumstances.