Annuities explained
- Buying an annuity: how to turn your pension fund into an income
- The pros and cons of different annuity options, including enhanced annuities
- Tips on shopping around to increase the amount you'll get from your annuity
- Want to avoid buying an annuity? We explore the alternatives available
What's in this guide
How they work
Annuities explained – how to convert your pension into an income.
Annuity options
Confused by the options? We explain the basic annuity types you will have to choose between.
Annuity types
Once you've decided on the basics, there are a number of annuity options available to you.
Buying an annuity
Increase your income by shopping around for the best annuity rate.
Enhanced annuities
A third of those in retirement could be entitled to more income through an enhanced annuity.
Annuity alternatives
Four alternatives to buying an annuity with your whole pension pot.
