Your annuity income isn’t reviewed every year, but might change depending on
the options you’ve chosen, like annual increases or inflation linking to the retail prices index (RPI)
changes to your tax code
changes to your gross payment amount (before tax or deductions).
What happens if your income changes?
If the regular payment amount changes by more than £10.00, we'll send you confirmation of the net amount shortly before it's due. This will include details of any tax that has been deducted.
If you would like to be notified whenever your payment changes by £1.00 or more, please contact us to opt in to confirmation letters.
If you weren’t expecting a change to your annuity income, please contact us.
You can't change your Guaranteed Pension Annuity to another annuity or cash it in for a lump sum.
Manage your plan online
The quickest and easiest way to access information about your Prudential product, manage it, or to make changes to certain personal information, is through our Online Service. Registering is quick and easy.