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If you're concerned about having a regular income after you retire, consider investing in an annuity. When you pay into an annuity, either in regular payments or in less regular, larger sums, you will be ensured a regular income after you retire, for the duration of your life. If the security of having income for the rest of your life sounds appealing, provide SimplyFinance with a little information, and one of our investment specialists will contact you to discuss the possibility of investing in an annuity. More info
Having guaranteed income for the rest of your life will allow you to be worry-free when it comes to providing for your family and for yourself once you're retired. Without this stress, you'll be able to focus on the truly important things offered by retirement, like spending time with loved ones, doing all those things you were never able to while working, and relaxing. If this sounds like the kind of retirement you'd be interested in, one of SimplyFinance's investment advisors will help you find the best annuity to suit you and your specific needs. Why wait? Guarantee a stress-free retirement now by finding the best annuity for you! Less
To invest in an annuity, you need to pay a lump sum, not monthly payments like with other types of investments.
Annuities pay out in either regular, monthly payments (like a normal income) or in larger, less frequent payments.
A Compulsory Purchase Annuity is one of two types of annuities. This type of annuity is treated as taxable earned income, and it is purchased from a pension scheme.
A Purchased Life Annuity is the second type of annuity. This type of annuity is subject to lower tax rates because the annuities are purchases with personal funds.
Types of Annuities
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