Buying A Pension Page
You can choose "joint-life" options to provide for a partner after you're gone.
This is the most common form of "buying a pension," where you use a lump sum (your pension pot) to purchase a guaranteed income for life. buying a pension
Don't just accept the first offer from your current provider. Use a tool like the MoneyHelper Annuity Comparison to shop around; you could significantly boost your monthly income by switching [41]. 2. For Employees: Buying Back Service Years You can choose "joint-life" options to provide for