Increasing Annuity
Increasing annuities are the opposite of level annuities. The advantage is that over time, as prices increase, so does your income. The main disadvantage being that they will typically have much lower starting income than a level annuity.
With an increasing annuity you will be better placed to maintain your standard of living as prices increase.
Typically there are two types increasing annuities; an RPI linked annuity and an escalating annuity.
Choose one of the options below:
