What are the options?

The options you choose when you take out your Pension Annuity will affect the amount of pension income you'll get. Generally, the more options you add, the lower your income in retirement will be. You can get a personal illustration, which shows the difference the various options would make to your pension income.

Pension Annuity Calculator

Using factual information provided by you, this easy-to-use calculator produces figures based on Aviva’s pension annuity product and some of the options it can offer. For information about all our annuity’s options, you should see our Pension Annuity​.

Please be aware that the calculator isn’t intended to provide personalised advice or give personal recommendations

Calculate your retirement income

Next steps

Pension Wise

Pension Wise is a free and impartial service set up by the government for people retiring with defined contribution pensions. It will help you understand what your choices are and how they work.

You'll be able to get help on the Pension Wise website, over the phone or face to face about:

  • what you can do with your pension pot
  • the different pension types and how they work
  • tax you pay on your pension.

If you're not sure about your options at retirement you should seek appropriate guidance or advice.

Speak to a financial adviser

Nothing on this site is personalised advice or a recommendation. If you need a personalised recommendation based on your personal circumstances, you should seek financial advice. We can't give you advice but we can put you in touch with an adviser who can talk to you about which financial products or investments may be right for you.

Call a member of our team on

0800 533 5195

Monday to Friday - 9.00am - 5.00pm

For our joint protection, we may record our telephone calls. Calls are free from a BT land line. Costs may vary from mobiles and other networks.

Alternatively, you can visit www.unbiased.co.uk to find an adviser in your local area

Call us now for more information

If you’re new to Aviva

0800 068 3038

Or if you are already a pension customer

0800 533 5195

Monday to Friday - 9.00am - 5.00pm

For our joint protection telephone calls may be recorded and/or monitored.

Our team will be happy to provide you with a personalised quote once you know which options you want.

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