Retirement income options

Find income solutions with flexible options.

Standard Life can help you deliver flexible and well governed solutions for clients in retirement.

Learn more about our retirement options. Not all options will be available to everyone.


We offer a full suite of drawdown flexibility through our SIPP products.

Our drawdown solutions include flexi-access drawdown, ad-hoc withdrawal, capped drawdown and tailored drawdown.

More about our drawdown solutions

More about tailored drawdown

A guaranteed income for life (annuity)

Clients could choose to buy an annuity with their pension pot. This could make it easier for clients to manage their finances moving forward as the annuity level is guaranteed.

Our annuity option is only available to existing Standard Life Assurance Limited (SLAL) customers.

Take cash lump sums

Advised clients could decide to take one or more lump sums from their pension plan or take the full value of their pension pot at once.

Your client's tax position needs to be considered before making any decisions.

The value of investments can go down as well as up, and your clients could get back less than was originally invested. Laws and tax rules may change in the future. A client's personal circumstances and where they live in the UK will also have an impact on tax treatment.