Joint Annuity
Joint Life Annuities
A Joint annuity is a regular income paid in exchange for a lump sum, usually the result of years of investing in an approved, tax-efficient pension scheme.
You can choose up to 100 per cent of the income to continue being paid to your surviving partner after your death.
If you have protected rights (from contracting out of SERPS or the State Second Pension) and are married, separated or in a civil partnership, a 50 per cent spouse's income for your protected rights must be chosen.
Independent Annuity Advice
For more information concerning whether or not a joint annuity may be the most suitable route to fund you and your partner's retiement please speak to the annuity advice team from one our partner firms for a no obligation consultation.
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