Joint-Life Annuity
A joint-life annuity turns your pension savings into a guaranteed income for life, with payments continuing to your partner or another eligible beneficiary after you die. You choose how much of your income they would receive, helping provide financial security for someone you care about.
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Joint-Life Annuity
A joint-life annuity continues to pay an income to your spouse or partner after you pass away, usually at a chosen percentage of your income.
Pros:
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Provides financial security for a partner or spouse.
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Customisable continuation options (e.g., 50%, 66%, or 100%).
Cons:
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Lower starting income than single-life policies.
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Not always necessary if your partner has independent income.
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