Our Guaranteed Fixed Term Income Plan just got better.
More flexibility. More control.
Our Guaranteed Fixed Term Income Plan gives clients the freedom to shape their retirement, allowing them to take a regular, fixed income from their pension savings without committing to a lifetime annuity.
- Guaranteed income for a fixed term of 3 to 25 years
- Optional maturity value at the end of the term
- Flexible payment options in advance or in arrears
Now, we’ve made it even better with new enhancements for 2026.
More choice than ever for your clients
Our new improvements help you offer more options to your clients, while they get more choice and control. Here’s our new features at a glance.
- Optional death benefits, meaning more choice and flexibility
- Value protection: clients can choose to protect a percentage of the original purchase price for a term of their choice
- Guaranteed income period: ensure payments continue to beneficiaries for a chosen term if your client dies in that time
- Escalation options: clients can increase their income yearly to protect against rising costs and inflation
- Flexible payment frequencies: clients get paid their way, every 1, 3, 6 or 12 months
Flexibility. Stability. Freedom. Choice.
Ready to offer your clients more freedom in retirement? Make sure you can apply by setting up your Online Account Number.
Visit our Retirement Hub for more details.