​Guarantee period

The guarantee period can be selected anywhere from 5 to 20 years. The income you will receive is determined upfront, and Liberty commits to paying this for your selected guaranteed period. If, however, the annuitant dies within the guarantee period, payments will continue to be paid to the payee or nominated succeeding payee until the end of the guarantee period.

Income increases

The income increases are not linked to any index or volatile investment markets but are guaranteed at the outset and therefore provide security and certainty.

Tax

Only the interest portion of the income will be taxable. No income tax is payable on the capital portion.

​The fees are embedded within the product. This means that that the income you have been promised will not be reduced by further fees. These are already taken into account in the income calculated.