What could I get?

You should start thinking about your annuity options about four months before your retirement, and at Bank of Scotland Annuity Service we can guide you through the whole annuity process and provide full advice including a personalised illustration.

Speak to one of our experts, or alternatively e-mail us and we'll call you back

Factors that are considered by annuity providers which determine how much income you could get:

• The amount of money in your pension fund;
•  The amount of tax free cash you decide to take from your pension fund;
• Age;
• Health, e.g. if you have a long term illness or if you smoke;
• Average life expectancy;
•  Whether you require a single or joint plan.

A 5 year guarantee is available at a relatively low cost due to increased longevity and is therefore used in these examples to protect your income against your premature death.