An annuity is a way of providing a regular income for the rest of your life. In most cases, you use your pension fund to buy an annuity - except for an Immediate Life Annuity, which you buy with your own money. You can arrange your annuity to suit your own particular needs by choosing from a range of options.
For example, it may be important to you that your income stays in line with inflation (the Retail Prices Index) or that your dependants receive an income when you die. Its important to consider your needs carefully as the options that you choose to add will reduce the amount of income that you receive and can't be changed once you've started your plan.
You can buy your annuity from any provider - and it certainly doesn't have to be with the company you had your pension with. The amount of income you receive from your annuity will vary between different insurance companies so its a good idea to do some comparisons before making your decision.
Aviva is one of the UK's leading providers of annuities and pension annuity products. All our annuities will secure you a regular income, which will last for the rest of your life. It's important to choose the right type of annuity to make sure you get the best possible income for your retirement.
Our Pension Annuity pays you a guaranteed income for the rest of your life which you can choose to receive at the same level or by an increasing amount each year.
If you're happy to accept a higher risk, this annuity provides the potential for your pension income to grow in retirement through investing in the Aviva With-Profit Fund.
Unlike our other annuities, which you buy with your pension fund, an Immediate Life Annuity is bought with your money, which you want to use to provide additional income in retirement.
For new policy enquiries or financial advice on our products please call
0800 056 1643
Monday to Friday 8.00am - 9.00pm
Saturday 9.00am - 5.00pm
Or, arrange for one of our advisers to call you back at a convenient time.
If you are an existing Annuities customer, please call
0800 068 6800
Monday to Tuesday 8.30am - 7.00pm
Wednesday to Thursday 8.00am - 6.30pm
Friday 8.30am - 5.30pm
Saturday 9.00am - 1.00pm
For our joint protection, telephone calls may be recorded and/or monitored
Register for our new online service where you can securely access details of your existing policy.