Aviva Pension Annuity

The Aviva pension annuity pays you a guaranteed income for the rest of your life which you can choose to receive at the same level or by an increasing amount each year. You can have your Aviva pension annuity paid to you monthly, quarterly, half yearly or yearly. You can choose a pension annuity income that increases each year by a fixed percentage or in line with inflation as measured by RPI (Retail Price Index)

Aviva With Profits Pension Annuity

If you're happy to accept a higher level of risk, the Aviva With Profits pension annuity provides the potential for your pension income to grow in retirement by investing in the Aviva With Profits Fund . The Aviva With Profits Fund invests in a wide mix of assets to help spread the risk of investing. With an Aviva With Profits Annuity your income can go down, but Aviva has a guaranteed minimum floor, which means your income will never fall below a minimum amount.

Aviva Immediate Life Annuity

Unlike our other Aviva annuities, which you buy with your pension fund, an Aviva immediate life annuity is bought with your own money, which you want to use to provide additional retirement income. You can choose how frequently you are paid your annuity income; monthly, quarterly, half yearly or yearly. You can choose an income level that stays at the same level or increases each year by a fixed percentage.

Aviva Enhanced Pension Annuity

The Aviva enhanced pension annuity is similar to the Aviva pension annuity but it is designed for those who don't have a clean bill of health, The Aviva enhanced pension annuity pays a higher income for the rest of your life, depending on qualification for at least one of a range of conditions covered by Aviva. You can choose to receive your pension annuity income monthly, quarterly, half yearly or yearly. You can choose an income from your Aviva enhanced pension annuity that stays at the same level or increases each year either by a fixed percentage or in line with inflation (RPI)

Why choose Aviva?

Aviva is the revised brand name for the company formerly known as Norwich Union.

These are the reasons given by Aviva:

• Aviva was Highly Commended by Moneyfacts in 2008 for being one of the most competitive annuity providers.
• Aviva is one of the UK's leading annuity providers and currently pays out annuities to over 350,000 customers.
• Aviva is currently the world's fifth-largest insurance group and currently the largest insurance services provider in the UK.
• Aviva is a leading provider of life and pension products in Europe, with over 45 million customers worldwide.