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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 client's 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

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