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 recently retired after 17 years as Chief Executive of Support in Mind Scotland, a medium sized Scottish mental health charity.  The organisation has long recognised the importance of accessing independent financial advice prior to retirement and has had an arrangement with Corporate Benefits for a number of years to offer this service to its staff. In my personal experience, the company does exactly what it says on the tin! I was given very helpful, accessible advice.  Iain McCallum was not only proactive in his approach; he was also very responsive to any queries I had.  I was made aware of the various options available to me, including enhanced annuities.  As a result, I improved my net retirement income by 35%, a not inconsiderable amount. As well as receiving guidance with the personal pension arranged through my employer, I also benefited from assistance with the administrative process for other existing pensions. Overall, Corporate Benefits transformed what can be a stressful and confusing experience into one that was straightforward and easily understood.  I would happily recommend them to others.  
Mary Weir (former) Chief Executive Support in Mind Scotland