An annuity provides you with a guaranteed income for life when you retire. You buy an annuity using a lump sum from your pension or, perhaps, some savings. Annuities remove the worry of having to budget for an unknown period of time. Here at Aviva we're one of the UK's leading providers of annuities.
You can buy your annuity from any provider and it certainly doesn't have to be with the company you had your pension plan with. The amount of income you will receive from your annuity will vary between different insurance companies so it's a good idea to do some comparisons before making your decision.
To find out how much income you may get from your pension fund and to understand the different annuity options available, use our Retirement Income Calculator. If you have any lifestyle/medical conditions you may get a higher income, so make sure you fill in these details.
If you've already decided that a Pension Annuity is right for you and you don't have any medical/lifestyle conditions to tell us about, use our Quick Quote Tool to find out how much income you could get.
For independent advice and information on your retirement options and annuities, contact your financial adviser. If you don't have an adviser you can visit www.unbiased.co.uk.
To speak to one of our advisers about annuities, call us on 0800 068 3038. Or arrange for one of our advisers to call you back at a convenient time.
We can only advise on our own products.
Retirement Centre
Confused about what you need for retirement? Visit our Retirement Centre for information to help you sort out your finances for retirement.
WC01028 04/2012
For new policy enquiries or financial advice on our products please call
0800 068 3038
For our joint protection, telephone calls may be recorded and/or monitored. We can only advise on our own products.
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
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.