Home | What is an Annuity? | How it Works | We Can Help | Testimonials | Detailed Quote | Quick Quote | Annuity Tables | FAQ | Jargon Help | Contact Us

Fixed Term Pension Annuity Provider Information...

Fixed Term Annuities is an annuity product which is designed for customers who want a flexible annuity which means they are not looking for a guaranteed retirement income for the rest of their life. At the end of the fixed term, which is between 3 to 10 years, you can transfer the remaining fund into a lifetime, enhanced or impaired life annuity. Fixed term annuities are guaranteed alternative to income drawdown. This Annuity product was first launched by Met Life in 2006 and classed by the FSA as an unsecured pension.

Fixed Term annuity providers and some key information;

Aviva Fixed Term Annuities

• £380 billion of funds under management.

• Aviva have 46,000 employees servicing over 53 million customers in 28 counties.

• 1st June 2009 Norwich Union changed its name to Aviva. Norwich Union was establish 1797

Met Life Fixed Term Annuity

• Met Life was established in 1868.

• £489 billion of funds under management.

• Is currently serving 90 million customers.

Just retirement Fixed Term Annuities

• Just retirement was established in 2004.

• Specialised in enhanced, impaired Life annuities.

• £2.8 Billion of funds under management.

LV= Fixed Term Annuities

• LV= is the trading style of Liverpool Victoria and was established in 1992.

• £8 Billion of funds under management.

• 4,400 employees serving 4 million customers.

  
  

Lifetime Annuity Providers

Enhanced Annuity Providers

Impaired Annuity Providers

Fixed Term Annuity Providers