An Enhanced Annuity pays a higher income in retirement if you have a medical condition that may reduce your life expectancy.
At Retirement
It can be difficult to understand your options at retirement. In this section, we have explained some common retirement options in plain simple language. This information is intended only as guidance. For advice on your specific circumstances, please get in touch.
Income Drawdown is a more flexible alternative to the traditional annuity route, offering greater choice and control for many people.
On 6 April 2015 new pension rules came into force, giving you much greater flexibility over how you use your pension savings and the options you have in retirement.
UK News
These plans are more geared towards making budgetary numbers add up than fundamental welfare reform.
The move comes as part of an overhaul of the welfare system as the UK's benefits bill rises.
People on long-term sickness and disability benefits tell the BBC they fear how cuts will affect them.
How Personal Independence Payments (Pip) and other health-related benefits could change under government plans.
The government says changes to the welfare system will save £5bn and get people into work.