It’s very important that you do not automatically choose the default option offered by your existing pension provider. With many other providers available who all have a range of annuities and rates it makes sense to look around to make sure you get the best available deal.
Because providers change their rates regularly there will always be a difference between the best and worst annuity quotes available, so making the wrong decision could cost you thousands over the lifetime of your annuity
Make sure that you:
- Be honest about your heath and lifestyle – you could qualify for an enhanced annuity and receive a higher income in retirement
- Choose the right type of annuity – rates are an important factor but you need to make sure that you get the right product for your circumstances
- Talk to an adviser – buying an annuity is a once in a lifetime decision so getting the right advice is key
Contact us now by filling in our form or call us on 0117 9730544 and we will arrange for an Independent Financial Adviser to contact you. They will help you to understand your situation and then search the entire market to find the best annuity product and the best annuity rates for you.