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This website is for professional advisers only.
By clicking the acceptance button below, you are confirming that (i) you are a financial adviser AND (ii) that you have read the website terms of use and agree to be bound by them.
An annuity is a retirement product you can choose to buy with all or part of your pension pot. You might choose a lifetime annuity, which pays you a regular income for the rest of your life, or a short-term annuity which lasts for a fixed number of years. A short-term annuity is also known as a fixed-term annuity. It will provide a regular amount of income for a certain time (usually no more than five years), but with the flexibility to change your mind later.
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