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Designed to provide your client with a guaranteed income in retirement, taking into account the personal, medical and lifestyle information supplied. Also has the option to provide an income for a dependant on the death of the annuitant.
We allow for our charges when we calculate the amount of income offered.
This is an amount that may be agreed between you and your client for advice and services in setting up a new Scottish Widows Enhanced Annuity. The charge can be either a fixed amount or a percentage of the annuity purchase price. This charge can be taken, after the tax free cash (if applicable), from the value of the purchase price.
Scottish Widows will pay a percentage of the annuity purchase price for services agreed in setting up a new Scottish Widows Enhanced Annuity.
Please note that charges, terms and limits may change. Tax treatment depends on the individual circumstances of your client and may be subject to change in the future.