: Continues to pay a portion of the income to a partner or beneficiary after your death.
: Increases each year, either by a fixed percentage or in line with inflation, to protect your purchasing power. Key Considerations Before Purchasing Consumer's Guide to Understanding Annuities buying a pension annuity
Current annuity rates (which recently reached an 18-year high due to rising gilt yields). Your age and health status. Common Types of Annuities : Continues to pay a portion of the
: Pays an income for a specific number of years rather than for life. buying a pension annuity