With Pension Drawdown, you can access up to 25% of your pension pot tax-free while leaving the rest invested. You can then take the rest of the money when you need it, giving you flexibility to manage your income in a way that suits your lifestyle. ...
Annuity vs Drawdown – what’s the difference? What are the fixed term annuity rates? While lifetimeannuity ratestake into account your age, lifestyle and even your postcode, fixed term annuity rates don’t. The exact fixed term annuity rate you’ll get will depend on how long you choose ...
Whether it's working out what you have, understanding your options or deciding your next steps, our free guide will help you plan ahead and think about some retirement options you might not have considered yet. Life’s milestones often come with big financial decisions. How much should I pay...
Annuity vs drawdown – what's the difference? Many of us have spent the last few decades planning and carefully saving for the things that are important to us, whether that’s life’s luxuries, our mortgages and bills, or our plans for the future. As we get older we might have differen...
You’ll have to wait until you’re 55, or 57 from April 2028 on. Once you’re the right age, you can take money out as a lump sum (usually with the first 25% tax free, subject to the availability of any allowances), put it into drawdown to pull out as and when you need it...
If you have any medical conditions or lifestyle risks then you could get a higher income, with an ‘enhanced annuity’. When getting a quote online there is a section to capture these details. This also applies to your partner and could mean you receive a higher income. ...
Joe Mclean Senior Product Manager, Product & Proposition, Retail Annuities Joe manages our three guaranteed income retirement pension products – our Fixed Term and Cash-Out Retirement Plans, and our Pension Annuity. He makes sure they offer everything our customers need, are competitive in the mar...
Trying to choose over 50s life insurance? This guide to Legal & General’s Fixed Over 50s Life Insurance could provide you with some invaluable advice. Compare life insurance for over 50s When you’re 50 and above, how do you choose between different life insurance policies? Discover how to...
If you have any medical conditions or lifestyle risks then you could get a higher income, with an ‘enhanced annuity’. When getting a quote online there is a section to capture these details. This also applies to your partner and could mean you receive a higher income. ...
We may record and monitor calls. Retirement advice Retirement Advice Service from Legal & General Our advisers are experts in retirement regulated by the Financial Conduct Authority, so you can trust them to provide impartial advice and a personal recommendation that’s right for you. ...