About Annuities

Single or Joint Life Annuities

single life annuity

A single life annuity pays the most income, but stops when you die.

If you are married it is usual to have a joint life annuity which continues to your partner if you die first. You can choose how much income your partner will receive after you have died. For example a 50% joint life annuity means that when you die your partner will recede 50% of your pension until they die.

single chart