PERSONALISED ANNUITY SUPPORT FOR MEMBERS OF THE PEOPLE’S PENSION

Delivered by Hargreaves Lansdown

PERSONALISED ANNUITY SUPPORT FOR MEMBERS OF THE PEOPLE’S PENSION

Delivered by Hargreaves Lansdown

Annuities: A Guaranteed Income for Life

Feel confident about your retirement.

Hargreaves Lansdown has been selected by The People’s Partnership to provide annuity support tailored to your needs, helping you turn your pension savings into a secure, guaranteed income for life. We’re an independent annuity broker, which means we search the whole of the open market to find the best rates available for your personal circumstances. You’ll receive a free, no-obligation annuity quote, and our UK-based retirement specialists are here to guide you every step of the way. Whether you’re ready to take the next step, or just exploring your options, we’re here to help you make confident decisions about your retirement.

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Explore the sections below to learn more about annuities, how they work, and how your health could potentially boost your income.

What is an annuity

An annuity is a retirement product offered by insurance companies that lets you exchange some or all of your pension for a regular income guaranteed for life.

You can typically choose to receive up to 25% as a tax-free cash lump sum, using the remainder to purchase the annuity. The income from the annuity is taxed as earned income.

Best annuity rates

To give you an idea of what an annuity pays, we compile the best annuity rates available for a £100,000 pension each week and month.

We also highlight how much additional income people can receive when they provide health and lifestyle information.

See the best annuity rates
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Making the most of your retirement: Have you explored all your retirement options?

HL is here to support you with annuities, but before you make any decisions, it’s important to make sure you’ve explored all your retirement options.

To help, we’ve created a short video that gives a quick refresher on the full range of choices available. Understanding these options can help you decide whether a single product, like an annuity, or a combination of different products, like an annuity and drawdown, is the best fit for your needs.

We strongly recommend that members over 50 seek guidance from the Government’s free and impartial service Pension Wise. More about Pension Wise

In this video, we explain the key retirement options available such as annuities, drawdown and UFPLS. Read the video transcript

To explore your annuity options in more detail click here.

Trusted annuity broker for 20+ years

  • Compare quotes in minutes from the UK's leading providers in one go.
  • Choose from a range of options tailored to your specific financial goals and retirement plans.
  • Access dedicated support six days a week, with financial advice available if you need it.