An annuity is purchased with an Insurance Company, using your pension fund(s) at retirement. The chosen Insurance Company will then provide you with a regular source of guaranteed income for the rest of your life.

The key considerations when establishing an annuity are:

  1. Do you want the annuity to remain fixed in payment or to increase?
  2. Do you want a spouse to receive an income in the event of your death?
  3. Do you want the income to be guaranteed for an initial period?

Our Annuity Best Rate table provides further information on the best annuity rates currently available.

Once the annuity has been purchased you cannot change your mind. It is therefore important that you make the correct decision at the start. You should shop around and seek financial advice to ensure you receive the best retirement income available at the time.Our experienced team offer a friendly and efficient service and will guide you through all the various options providing you with Independent Financial Advice.

Please contact us for further information or for a quote.

“I established my first personal pension with Corporate Benefits on starting a new job in 2014, having previously held a corporate pension.  Being fairly new to pensions, Corporate Benefits were extremely helpful in giving me enough information and advice to understand the tailored pension they recommended for me.  They have happily answered any questions I have had during the process, including helping me to understand clearly the breakdown of payments and investments.  With the pension recommended for me, I have been able to monitor the pension growth and personalised regular investment reviews made via a web portal which has been both interesting and rewarding.  At my first yearly review, earlier this year, I was pleasantly surprised by the growth over my first year and reassured that the regular monitoring of my pension strategy are benefiting me over the longer term.”
Dr Ewan Towie