Taking control of debt, free debt advice, improving your credit score and low-cost borrowing
Renting, buying a home and choosing the right mortgage
Running a bank account, planning your finances, cutting costs, saving money and getting started with investing
Understanding your employment rights, dealing with redundancy, benefit entitlements and Universal Credit
Planning your retirement, automatic enrolment, types of pension and retirement income
Having a baby, divorce and separation, what to do when someone’s died, choosing and paying for care services
Buying, running and selling a car, buying holiday money and sending money abroad
Protecting your home and family with the right insurance policies
Watch this short video of people describing their annuity experience (Download the video transcript)
or retrieve a saved quote
A lifetime annuity provides you with a regular retirement income for life – with the guarantee that the money won’t run out before you die.
Other lifetime annuities include investment linked or flexible annuities – which have an income based on the investments chosen. They carry more risk than basic lifetime annuities in return for a potentially higher income. It’s important you choose the type and features best suited to your personal circumstances, your life expectancy and your attitude to risk.
If your existing pension provider offers a Guaranteed Annuity Rate it will be hard to match – be sure to ask and then compare quotes.
An annuity is just one of several options you have for using your pension pot to provide a retirement income. See our guide Options for using your pension pot to find out more.
Once you buy an annuity you can’t change your mind – get help or advice before you commit. Find out more in next steps at the end of this tool.
Sorry, web chat is only available on
Web chat is available from 8am to 8pm.
Give us a call for free and impartial money advice.
0800 138 7777 *
*Calls are free