Fixed Term Annuity
A fixed term annuity offers greater flexibility and simple, transparent benefits when compared to lifetime annuities and unsecured pensions. A fixed term annuity also provides a guaranteed maturity amount at the end of your chosen term, without any kind of worry of investment performance risk or annual investment charges.
The features of a Fixed Term Annuity includes:
- Choice of flexible death benefits
- Plan options for Trustees and Managers of trust-based pension schemes
- Choice of income level at outset, from £nil up to the maximum allowable under curent legislation
- Guaranteed Maturity Amount at the end of the Plan term (which can be from 3 years up to age 75)
- Guaranteed income to age 75, subject to legislative limits
Be sure to visit AT Retirement Advice for a free initial consultation about a fixed term annuity, or for other financial advice.