Annuity

Retirement That Pays You Back

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Annuity

What is an Annuity & Why Should It Matter to You? An annuity is a way to turn your retirement savings into a steady income for the future. You pay us a one-time amount (this could come from your pension savings), and in return, we pay you a regular income. You can start receiving this income immediately or choose a future date that suits you. Payments continue until the end of your life and stop when you pass away.

Where Does the Lump Sum Come From? The money you use to buy an annuity often comes from your retirement savings, like those in a Personal Retirement Scheme. While annuities and income drawdowns may seem similar, they’re different. Annuities guarantee income. Drawdowns let you manage withdrawals, at your own risk.

When the regular paycheck stops, you still need to keep life moving. An annuity helps you:

  • Maintain your lifestyle even after you stop working
  • Receive predictable income for life or a set number of years (5, 10, 15, or 20)
  • Avoid running out of savings, no matter how long you live
  1. Income That Works on Your Schedule
    You decide how often you’d like to be paid: monthly, quarterly, or even once a year. Choose what fits your budget and lifestyle.
  2. Income That Can Grow With Time
    You can choose to have your income increase each year to keep up with inflation. This is called “escalating payments.” You can also add more money to your annuity later to boost your income. We make both easy.
  3. Your Money, Put to Work Smartly
    We don’t just hold your money, we invest it in well-diversified financial vehicles to give you competitive returns. The better the performance, the better the annuity rates we offer you.
  4. Managed With Integrity
    Your funds are managed by certified professionals and governed under the Insurance Act. That means your money is handled with care and transparency.

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