Guided
annuity
service
Start planning today for the future you deserve
The SEI Master Trust have partnered with HUB Financial Solutions to provide support to you throughout your journey to life after work - whatever that looks like - with solutions as individual as you are.
Your pension scheme may have another name; it is the SEI Master Trust who is the pension provider.
Solutions as individual as you are
At HUB Financial Solutions, we’ve been supporting pension scheme members for 18 years. We're trusted by many of the biggest organisations in the country to help their members when they’re ready to access their pension benefits.
Our guided annuity service
As a member of your pension scheme, you have access to our guided annuity service. We can help to provide you with all you need to achieve the highest possible guaranteed income for life (annuity) using your pension fund. We search the whole open market to find you the best deal. We’ll base our search on various options you select and the information you tell us, so the results match your personal circumstances. As a member of the Trust, the service is free to use and totally impartial. It provides information and guidance, not regulated advice.
How does it work?
A lifetime annuity offers a guaranteed income for the rest of your life. You can usually take up to 25% of your pension pot as a tax-free lump sum, and some or all of the rest is used to buy a regular income from a provider on the open market. The income you get depends on the size of your pension pot, your age, postcode, health and lifestyle, annuity rates and the annuity features you choose to add.
As a member of the Trust, there's no fee for using this service but we will receive a commission payment from the annuity provider you choose. This commission will be shown in the annuity quote we'll send you. Once an annuity has been set up and the cancellation period has passed, you won’t be able to change your mind.
How to purchase a guaranteed income
We’ll collect health and lifestyle information to investigate whether you’re eligible for enhanced annuity rates as part of our service. We won’t make a recommendation or tell you what to do. We'll provide you with quotes and give you all the help and information you need to make an informed decision. We'll work with your pension scheme and the annuity provider to transfer your pension funds and set up your annuity.
HUB Financial Solutions, retirement specialists
If you need some help understanding your options at retirement, the HUB Financial Solutions retirement specialist team offers a guidance call. On this call we can explain your options at retirement, the important things to consider for each option, and we can talk you through the next steps. As a member of the Trust, it’s free to use and totally impartial. You can call us directly on 01737 827 978, between 9am – 5pm Monday to Friday. Calls may be monitored or recorded and call charges may apply.
The full range of solutions available to you are listed on our services page: