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Lloyd Vine
  • Home
  • Insurance
    • Business Protection >
      • Key Person Insurance
      • Shareholder Protection
    • Employee Benefits >
      • Group Income Protection
      • Group Life
      • Group Private Medical
      • Relevant Life Cover
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      • Critical Illness Cover
      • Income Protection
      • Life Assurance
  • Investment
    • Pension & Retirement >
      • Auto Enrolment
      • Company Pensions
      • Flexi-Drawdown Pension
      • Group Personal Pension
      • Pension Annuity
      • Personal Pension
      • Self-Invested Personal Pension
    • Savings & Investments >
      • Investment Bonds
      • Investing For Children
      • ISA (individual Savings Account)
      • Lifetime ISA
  • Mortgages
    • Your Home Mortgage >
      • Introduction
      • Property Surveys
      • Mortgage Consultation
    • Buy To Let >
      • Buy to Let Types
      • Portfolio Landlords
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Annuity

A pension annuity provides an income after retirement. It is purchased at prevailing rates using your pension savings accumulated over a lifetime of working.

A traditional annuity gives you a guaranteed income for life after you retire. Using a lump sum from your pension or savings to buy an annuity means you don't need to worry about budgeting for an unknown period of time.

You do not have to purchase your annuity with your existing pension plan provider.

There are many considerations when choosing the appropriate annuity:

  1. Using your open market option to see which provider will offer you the best return.
  2. Guaranteed periods of payment.
  3. Indexation of the annuity though its lifetime.
  4. Ongoing payments to your spouse or partner in the event of your earlier death.
  5. How much of the available commencement lump sum (tax free cash) up to 25% of your fund value should you take.
  6. Consideration to alternatives such as an unsecured flexible drawdown pension  (income drawdown) where your fund remains invested and you have access to your whole pension pot.

If you are approaching retirement or just wanting to review all your current arrangements, we will be happy to help. It is so important to have advice from a whole of market adviser to achieve the most. That's exactly what we do for you.
​

    Pension Annuity Enquiry

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Lloyd Vine Limited. Independent Financial Advisers & Mortgage Brokers. Authorised and regulated by the Financial Conduct Authority. 832055.
Copyright All Rights Reserved © 2019 Lloyd Vine Limited. Company Number: 11783591


Normal Hours

Mon - Fri : 9am - 5pm

Telephone

023 80601601

Email

info@lloydvine.co.uk

About Us


  • Home
  • Insurance
    • Business Protection >
      • Key Person Insurance
      • Shareholder Protection
    • Employee Benefits >
      • Group Income Protection
      • Group Life
      • Group Private Medical
      • Relevant Life Cover
    • Personal Protection >
      • Critical Illness Cover
      • Income Protection
      • Life Assurance
  • Investment
    • Pension & Retirement >
      • Auto Enrolment
      • Company Pensions
      • Flexi-Drawdown Pension
      • Group Personal Pension
      • Pension Annuity
      • Personal Pension
      • Self-Invested Personal Pension
    • Savings & Investments >
      • Investment Bonds
      • Investing For Children
      • ISA (individual Savings Account)
      • Lifetime ISA
  • Mortgages
    • Your Home Mortgage >
      • Introduction
      • Property Surveys
      • Mortgage Consultation
    • Buy To Let >
      • Buy to Let Types
      • Portfolio Landlords
    • Commercial Mortgages >
      • Commercial Mortgages
      • Limited Company Buy to Let
    • Holiday Home Finance
    • Let to Buy
    • Second Home
    • Self Build
    • Mortgage Calculator
  • Contact Us
  • News
  • Documents