{"data":{"pageCategory":"Pensions","blockModules":[{"content":{"subtitle":"A guaranteed income from your pension in retirement","title":"Annuities","contentType":null,"key":"bd3d6020-6e91-4b89-b7f9-1a235a5e5c76","properties":null},"settings":{"contentType":null,"key":"6147d624-42d1-4c59-b669-b93616d1cf2a","properties":null},"blockType":"smallHeaderBlock"},{"content":{"text":"

When you buy an annuity you exchange all or part of your pension for a fixed income for the rest of your life. Your income will not normally change, and once you have bought an annuity you can’t change your mind. Before buying one it is important to compare rates between providers to find the most appropriate option.

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The benefits of annuities

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Fixed income

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Freedom to choose

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Higher income rates for illness or smoking

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Use part of your pension

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