Pensions and retirement
- Pensions explained
- Your retirement
- Our Pension products
- Savings and investments
- Your options
- Need help?
- About us
- My Standard Life
Pension choices: Annuity or ARF
When you want to access your pension pot, you can either choose flexible or guaranteed income or a combination of both. The right choice depends on a lot of things such as
- your attitude to risk
- whether you have a partner or children
- your health and your tax position
This tool explains which may be more suitable. Because accessing your pension is an important decision, we recommend that you get financial advice. You should not base your decision to invest solely on the information detailed below.
Annuity or ARF?
Answer a few simple questions to understand the differences between the two. You are not restricted to one or the other, you can choose a combination of both.