Why Aviva for retirement?

Choosing which retirement income product to buy is one of the biggest financial decisions you will make in your entire life. So, with that in mind, don't you want to make sure that you pick a company that has the pedigree and experience to support you?

Aviva could be just the company you're looking for. We're the largest provider of life, pensions and financial services in the UK. We currently have around 44.5 million customers worldwide and we'd be delighted to look after your retirement income for you.

What can Aviva offer?

We have a range of at-retirement products, including annuities, our Fixed Term Retirement Plan, income drawdown and equity release.

You can get a quick idea of what product might be right for you by comparing our products.

If it's an annuity you are after, whether you're retiring exactly when you want to or you're retiring due to difficult circumstances, we can offer you a competitive annuity rate. We can also give you a quote for retirement income if you want to combine more than one pension fund.

We've got two tools that can give you an idea of how much income you could get in your retirement from an annuity.

If you're in a hurry and just want a rough idea, then the quick quote tool is the one for you. You give us a few details about yourself, we'll make a few assumptions then give you a quick quote.

If you're after a more personalised quote and more options, try the retirement income calculator. We'll also ask you questions about your health and lifestyle, which allow us to pinpoint the income you could get more accurately. If you have health issues, you may find that you can get a higher income, so it's worth telling us as much as you can. It will take you about 10 minutes to complete, but at the end you'll have a much better idea of how much income you could receive when you retire.

Obviously, we think we're very competitive, so take a look for yourself or ask your financial adviser.

Retirement income calculator

If you want a more in-depth look at how much income you could get from us when you retire and what options you have, try our retirement income calculator.

Calculate retirement income

Annuity quick quote

If you want a very quick quote on how much income we could give you when you retire, take a look at our quick quote tool.

Get a quick quote

Why should you shop around?

When you're buying a new television, car or anything else, you probably look around for the best deal before you commit yourself. It should be just the same with your retirement income.

The open market option allows you to shop around as different providers will offer different rates that give you different amounts of income. Once you buy your retirement income product, usually an annuity, you are generally unable to make any changes to it at a later date.

We recommend that you look around at what's on offer before you make your final decision. A financial adviser will be able to help you with this. If you already have an adviser, it's a good idea to make an appointment with them. If you don't have an adviser, you can visit www.unbiased.co.uk or give us a call on 0800 068 4076. We can only advise on our own products.

Facts and figures

We have the figures to back up our claims of expertise and experience. Take a look for yourself:

800,000 existing annuity customers (in 2010)
We've been in the insurance business for over 300 years
£1.2 billion paid out in 2010 to existing annuity customers.

An award-winning company

Here's what other people think of us and what we do:

- Conventional Annuity Provider of the year 2011
- Best Equity Release Customer Service 2011
- Best Lifetime Product Provider 2011

Supporting the community

We're about more than insurance, investments and pensions. We take a keen interest in the community, encouraging our staff to volunteer, fundraise and donate to good causes all over the world.

We support many local initiatives, but currently our main focus is Street to School, working in partnership with the charity Railway Children to get children living on UK streets back into everyday life.

Related FAQs

What do you mean by shop around for the best rates?: Many people are tempted to simply buy an annuity from their pension provider. This might actually turn out to be the best deal for you, but, as with most other things, you might be able to get a better deal from another provider. Annuity providers may offer different rates for different types of annuity, so it's worth your while asking for quotes from a number of different companies. You don't lose anything by doing this and you may actually end up with a better income. You can ask a financial adviser to help you ask for quotes from a number of companies. This is known as the open market option.
I don't have an Aviva pension plan, can I still buy an annuity from you?: Yes, you can. If you decide to buy an annuity from us, we will ask your pension provider to send your pension fund to us, so you can buy your annuity.

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