Our Products
Life Annuities
Our Immediate Life Annuity can provide an ideal way for your client to invest their personal savings or tax free cash lump sum from their pension to provide an income for life. Our Immediate Life Annuity is taxed differently from pension annuities and HM Revenue and Customs may agree that part of your client’s payment is a return of capital and therefore not subject to tax. However, tax rules may change in the future.
Pension Annuities
During 2009, we paid out £1.1 billion to around 750,000 annuity customers. We offer a great choice of competitively priced annuity products to suit your client’s needs when looking to convert their pension fund into a guaranteed income for life
WA01191 07/2010
