What does our Pension Income Service cost?

The cost of our service depends on the pension income option you choose and whether you select your own product through our pension income specialists or buy a recommended product from our Financial Advisors.

We provide no-obligation illustrations for all our products and we'll only receive a commission or fee if you purchase your pension income option through our Pension Income Service.

Lifetime Annuities – A guaranteed pension income for life

If after speaking to one of our pension income specialists you are happy to make your own decision to buy a pension annuity, known as a non‐advised service, we are paid a commission from the provider you have selected through our service. This will have been factored in to your plan.

If you have chosen for one of our Financial Planners to make a recommendation on which pension income option is right for you and a pension annuity is selected, an advice fee starting from 2.25% of your pension savings after tax‐free cash has been taken is payable subject to a minimum of £1,495.

Due to Government legislation, if you have a Defined Benefit or a Final Salary scheme, where these pensions can contain additional valuable guarantees, and the value of your pension benefits depends on factors such as your earnings and how long you have been a member of the scheme. Due to the complexities of these pensions, an advice fee starting from 3.25% of your pension savings after tax‐free cash has been taken is payable subject to a minimum of £2,495

Click here to find out more about Lifetime Annuities »
Pension Drawdown – The flexible way to access your pension

If you have chosen for one of our Financial Planners to make a recommendation on which pension income option is right for you and a pension annuity is selected, an advice fee starting from 2.25% of your pension savings after tax‐free cash has been taken is payable subject to a minimum of £1,495.

Due to Government legislation, if you have a Defined Benefit or a Final Salary scheme, where these pensions can contain additional valuable guarantees, and the value of your pension benefits depends on factors such as your earnings and how long you have been a member of the scheme. Due to the complexities of these pensions, an advice fee starting from 3.25% of your pension savings after tax‐free cash has been taken is payable subject to a minimum of £2,495.

Click here to find out more about Drawdown »
Fixed-Term Annuities - Security & flexibility for your pension savings

If after speaking to one of our pension income specialists you are happy to make your own decision to buy a Fixed‐Term Annuity, known as a non‐advised service, we are paid a commission from the provider you have selected through our service. This will have been factored in to your plan.

If you have chosen for one of our Financial Planners to make a recommendation on which pension income option is right for you and a pension annuity is selected, an advice fee starting from 2.25% of your pension savings after tax‐free cash has been taken is payable subject to a minimum of £1,495.

Due to Government legislation, if you have a Defined Benefit or a Final Salary scheme, where these pensions can contain additional valuable guarantees, and the value of your pension benefits depends on factors such as your earnings and how long you have been a member of the scheme. Due to the complexities of these pensions, an advice fee starting from 3.25% of your pension savings after tax‐free cash has been taken is payable subject to a minimum of £2,495.

Click here to find out more about Fixed-Term Annuities »

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