< Aviva Pensions

Retirement options

Turning pensions into money you can use

Your retirement options

When you get to retirement age, you’ll be faced with plenty of choices. Should you take up golf or gardening? Would you prefer a luxury cruise or those long-planned home renovations? But you’ll also have choices to make about how you use your pension money.

Depending on your pension scheme and your personal circumstances, you can choose to:

Take a retirement lump sum

Buy an annuity

Invest part of your pension fund in an Approved Retirement Fund (ARF)

Take a cash lump sum

Expert advice

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Useful documents

Important information about your pension.


Important information to consider.

Warning: Past performance is not a reliable guide to future performance.

Warning: The value of your investment may go down as well as up. You may get back less than you invest.

Warning: If you invest in this product you may lose some or all of the money you invest.

Warning: This product may be affected by changes in currency exchange rates.

Aviva Life & Pensions UK Limited, trading as Aviva Life & Pensions Ireland, is authorised by the Prudential Regulation Authority in the UK and is regulated by the Central Bank of Ireland for conduct of business rules.
Aviva Life & Pensions UK Limited, trading as Aviva Life & Pensions Ireland, is also regulated in the UK: by the Prudential Regulation Authority for prudential rules and, to a limited extent, by the Financial Conduct Authority for applicable UK conduct rules. Registered Branch Office in Ireland (No 906464) at One Park Place, Hatch Street, Dublin 2. Tel (01) 898 7950. Registered in England (3253947) at Wellington Row, York, YO90 1WR.