PesaGuide
← All plans
Jubilee Insurance

Single Premium Immediate Annuity

Personal pension · Regulated by the IRA

A retirement plan you open yourself. You pay in over working life and draw an income later.

Hear when this changes

What if you stop paying?

What you have paid in stays invested. You can start again later.

What if you need the money early?

Pension money is held to retirement by law. The plan does not set its own penalty.

Who this suits

It could work for you if

You have no work pension and want to build one yourself.

Think twice if

You need the money before retirement. It is locked until then.

What they tell you

  • Do they say who regulates them?
    Yes — the IRA. That is who you complain to.

Talk to them

Compared with the others

There are 16 other plans of this kind on the board. See all 17 side by side — what each one leaves you with, and which of them will not say.

Where we got this