If you’re considering making a change to your income, we’ll be happy to help. It’s important to understand your options and the effect of any changes you make. There are a few things you should think about before you make any decisions.
If you have any questions once you’ve read this summary, or need any help understanding your options, just call us on 0345 640 0000 or +44 118 964 5024 if you’re calling from abroad.
It pays a regular income for life, linked to the performance of our With-Profits Fund. This means your income could change every year and could go down as well as up, as shown in your annual statement.
We guarantee that we'll never pay you less than a certain amount. We call this amount the 'secure level'.
On any policy anniversary, you normally have the option to change your income from a range we give you. Your annual statement will tell you if you have this option, the range and how to do this.
According to Action Fraud, the UK’s fraud and internet crime reporting centre, an estimated £1.2bn is lost to scams every year. So if you’re thinking of reinvesting the money from your plan, take a minute to find out more, and stay ahead of the scammers.
Give us a call on 0345 640 0000 or +44 118 964 5024 if you’re calling from abroad. We can’t give you advice or make your decision for you, but we’ll be happy to help you understand your plan and talk you through all your available options and their possible implications.
Alternatively, speak with a financial adviser - if you don’t have one, you can get details of financial advisers from pru.co.uk and selecting ‘contact a financial adviser’. You may be charged for their services.
We’re here 8am - 6pm Monday to Friday and happy to help in any way we can. Please make sure you have your plan number to hand when you call.