Protected Retirement Plan
A fixed income in retirement that you purchase with your pension fund with a guaranteed lump sum at the end of the term.
If you don’t want to use your pension fund to buy an annuity immediately on retirement you could consider investing in our Protected Retirement Plan.
This product provides you with a fixed income for a specified period. At the end of that time, if you're still alive, a guaranteed lump sum will be paid.
At the start of the plan you can choose an income for a specified period as well as a choice of death benefits. A guaranteed maturity value, which is a lump sum payment, will be paid at the end of the chosen length of the plan. The maturity value must be used to purchase an annuity with LV= or another provider. Alternatively, it may be possible to use the fund to invest in another Protected Retirement Plan
It's a big decision!
Our advisers will talk you through the options.
They’ll help you choose the annuity that will fit your personal needs and enhance your retirement.
9.00am - 6.00pm Monday to Thursday
For textphone dial 18001 first.
We may record and/or monitor your calls for training and audit purposes
We offer a range of the protection, pension, annuity and investment products from the Liverpool Victoria group of companies. We also offer annuities and investments from a limited number of other companies – you can ask for a list of these.