We’ll take the hassle and worry out of taking an income from your pension

You won’t have to fill in piles of forms and make loads of phone calls back and forth. If you talk to one of our expert LV= annuity advisers, we’ll take care of everything. We’ll do all the paperwork and make all the calls. We’ll give you a single, dedicated contact in case you ever need to ask us anything.

Moving to LV= couldn’t be easier

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    Speak to one of our advisers to discuss your needs and get a quote. If you’re happy to move to LV=, then we’ll take care of the rest.

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    We’ll review the quote from your provider to make sure you are getting a better deal with us

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    We’ll get the discharge forms to transfer your fund to us (although this can take several weeks)

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    We’ll send you a personalised report and illustration demonstrating the benefits you will receive

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    We’ll process the tax free cash payments, application forms and tax payments

Make sure you've got
everything covered for your
enhanced retirement

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.

There is no such thing as a silly question

Do I have to buy an annuity through my pension provider?

No. You can choose who you buy your annuity from - it doesn't have to be with the company that you used to build up your pension fund. (This is known as the open market option). The amount of income you get from your annuity will vary between different insurance companies, so it's a good idea to do some comparisons before making your decision

Will I have to pay tax on my annuity income?

The income shown on your personal quote will be gross (before tax).

Your income will normally be taxed under the Pay As You Earn (PAYE) system, which is similar to tax on employment income. Tax is deducted according to your tax code, and passed into HM Revenue & Customs.

How much you pay depends on your personal circumstances. Any reference we make to tax are based on our understanding of current legislation and HM Revenue & Customs practice, which can change.

How will my annuity income be paid?

Your income from your annuity will be paid directly into your bank account.

It pays to talk to an expert because...

We consider your lifestyle to get the best rate

Request our brochure

It’s got everything you need to know before you take the plunge.

Why choose LV=?

Started in 1843 as Liverpool Victoria, we are the UK’s largest Friendly Society.