information

We use cookies to give you the best possible experience online. By continuing to use our website, you agree to receiving our cookies on your web browser. Visit our cookie policy page to find out more and how to change your cookie settings.

skip to main content

Provides a secure income over a set term, with a guaranteed value at maturity

Protected Retirement Plan

Fixed Term Annuity - anytime conversion feature

Our fixed term annuity enables clients to keep their retirement options open. It’s now even more flexible as clients can change how they access their pension during the term of their plan. As long as you've given them advice, they can stop and convert to any other retirement product.

For Flexi-access drawdown, the transfer value can be taken as a lump sum payment which will be taxed as income.

Values could be significantly lower than GMV in the early years or if investment conditions have worsened.

Who's eligible?

All customers automatically qualify for this feature when they take out a Fixed Term Annuity with us, so there’s no need to opt in and there’s no extra charge.

How does it work?

We pay the current value of your client’s Guaranteed Maturity Value (GMV) plus their unpaid income payments. To calculate the current value we look at the value of the underlying investments at the date they convert the plan. There are no penalties for using the conversion feature.

For more information and an illustration of real customer returns from our conversion feature view our conversion features guide.

Graph icon

LV= Retirement Pathfinder

A free and impartial retirement modelling tool to help you and your clients create, view and analyse different retirement scenarios.

More about Pathfinder

Money icon

Blended Solutions

The retirement landscape has fundamentally changed for the better, giving customers more choice and control over their retirement income.

More on Blended Solutions

LV= icon

Retirement Hopscotch

Hopscotch is the effective way for you to guide your clients through the maze of retirement options they face, making it easier to structure retirement income.

More about Hopscotch

Heart icon

LV= Retirement Account

The easy way for professional advisers to recommend and deliver a wide combination of LV= retirement income products in one simple account

More on the LV= Retirement Account

Connect with us

About retirement

Vimeo logoLinkedIn company logoTwitter icon showing a bluebird

FOR UK FINANCIAL ADVISERS ONLY
LV=, County Gates, Bournemouth, BH1 2NF, UK