An annuity converts your pension savings into a monthly or yearly guaranteed retirement income for you to live on (usually) for the rest of your life.
We don’t offer annuities. But we can buy one from another company on your behalf.
Important informationPlease remember the value of your investments and any income from them can go down as well as up and you may get back less than the amount you originally invested.
Laws and tax rules may change in the future without notice. The information here is our understanding in March 2017. This information takes no account of your personal circumstances which may have an impact on tax treatment.
Related documentsVisit our dedicated SIPP literature page.