Capital & Income Solutions

We shop around. Most people stay with their existing pension provider - this could cost you thousands of pounds in your retirement.

On the 7th January 2009 there was a 21% income difference between the ninth best and the best annuity according to the Financial Services Authority’s comparative annuity tables.

*This example is based on a male aged 60 years of age taking a single life annuity with a guarantee of five years.

Someone who has spent £100,000 on a level annuity with the ninth best provider will lose £122 every month against the top provider. For a 60 year old that is £36,600 thrown away over the next twenty five years.

Inflation reduces annuity purchasing power. You can purchase an annuity that increase each year to compensate for inflation but at the price of a lower income early on.

If you were to die early in your retirement what would become of the money you had committed to your annuity? Would it be lost? It depends whether you chose benefits to look after your spouse or partner. These can be paid as a one off lump sum or as an income as a proportion of your annuity income.

Nearly 40% of people could qualify for an enhanced annuity and a higher income for life. If you can answer yes to any one of the following questions, there’s a good chance you could qualify for an enhanced annuity:

• Do you smoke?
• Do you now or have you ever taken prescription medication?
• Have you ever been hospitalised for a medical condition?

Our annuity specialists can provide all the help you need. Our service allows you to search a panel of the top annuity providers to help you source the best income.

For a free quote without obligation contact us on 0845 6039376 or complete the enquiry form below for an immediate response.