Where it can fit.
- Retirement accumulation
- Income planning
- Clients prioritizing principal protection or contractual guarantees
Product 05 · One Standard Life
Annuities
A contract designed to accumulate assets or create a future stream of retirement income.
Run the educational calculatorTHE PLAIN-LANGUAGE VERSION
What it is.
An annuity is an insurance contract funded with a lump sum or payments. Depending on the type, it may offer a fixed rate, index-linked interest, market-based performance, or guaranteed income features. Guarantees rely on the claims-paying ability of the issuing insurer.
The tradeoffs.
- Surrender periods and liquidity limits
- Tax rules and early-withdrawal penalties may apply
- Riders and guarantees can add cost or constraints
The next honest step
Model the structure. Then qualify the client.
The planning tool will not choose a carrier or promise a rate. It will help you see which inputs move the decision before you submit health and financial information for a current comparison.
Open the Annuity tool