Who is a Guaranteed Pension Annuity suitable for?

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It's most suitable for customers who:

  • are in good health and have a pension fund they’d like to convert into a retirement income
  • want a reliable income for the rest of their life
  • are aged between 55 and 75
  • have a pension fund in excess of £5,000
  • don’t want, or can’t afford, to risk any of their retirement income

It may not be suitable if customers:

  • are in poor health or have an unhealthy lifestyle
  • would like a plan which can adapt to meet their changing needs

Financial advice

The above information is intended for financial advisers. If you're a customer and you're uncertain about your options, a financial adviser will be able to help. To find a financial adviser in your area please visit www.unbiased.co.uk(Opens new window)