Homepage

Here are some of the features of our Enhanced Pension Annuity plan.

• Easy for clients to buy - they can use funds from all UK registered pension schemes including contracted out benefits.
• More heath conditions covered than ever before so more of your clients could receive a higher income.
• Even if the client is fine, but their spouse or dependant has a health condition, they could still get our higher rates if they are including benefits for them too.
• No need for a medical to be done, we can quote from a common quote request form.
• Range of options can help you to tailor it to individual client requirements.
• Clients can choose to have their income monthly, quarterly, half-yearly or yearly.
• Offers a choice of income payments – same amount each year or increasing each year by either a fixed percentage or in line with the rate of inflation.
• The client can choose an option that guarantees to continue paying an income up until a set date, even if they die before that date.
• For further information please refer to the Key Features document.

Here is some information to help you decide if our Enhanced Pension Annuity plan is right for your client.

Designed for customers who	Not designed for customers who
Are typically aged between 55 and 90 Want a regular income for life Want a product with no investment risk Have a maturing pension fund of at least £10,000 after  your Tax Free Cash allowance to purchase the annuity May want to consolidate multiple pension pots. Have certain medical conditions	Want greater flexibility over the level of income and are willing to accept the additional risk this may involve Don't have any existing medical conditions May want the option to change their income arrangements in the future as an Enhanced Pension Annuity plan cannot be changed or cashed in, even if their personal circumstances change Belong to company scheme with benefits based on salary (defined benefit)
Key considerations	Possible alternatives
Life expectancy Health/lifestyle Size of investment available Dependants Whether guaranteed annuity options exist on the pension policy	Income drawdown Alternatively secured pension (aged 75 and over) Other forms of non-pension savings and investments.

Here are some examples of the support we offer you and your client on our Enhanced Pension Annuity plan.

Client information

 

We have a wide range of support staff available to help you, click here to find that right number that meets your needs.