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

Show your clients how a Fixed Term Annuity can be more appropriate than a Lifetime Annuity

Protected Retirement Plan

How our Fixed Term Annuity compares

The tables below show how our Fixed Term Annuity compares against a lifetime annuity and drawdown pension. The tables allow you to compare the products which you can blend for the optimum solution for your client.

Our Protected Retirement Plan is available on its own or as part of our blended solution, the LV= Retirement Account. This allows you to combine multiple products into a single plan, which can be tailored to meet your retirement needs. The blended solution is becoming increasingly popular as a way to achieve the perfect balance of security and flexibility.

Annuity features comparison

Annuity Features

Fixed Term Annuity

Lifetime Annuity

Drawdown Pension

Benefits known in advance

Included
Included

Benefits guaranteed

Included
Included

No investment risk

Included

if kept for the whole term

Included

No fund management charges

Included
Included

Drawdown pension features comparison

Drawdown Pension Features

Fixed Term Annuity

Lifetime Annuity

Drawdown Pension

Keeps future options open

Included
Included

Retains control of funds

Included
Included

Future income risk

Included
Included
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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

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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

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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

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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

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