Pensions and Annuities

Other than your home your pension is probably your most valuable asset. It is there to provide you with a life long income throughout retirement. In this respect isn’t a good idea to make sure that it is well looked after before you reach retirement? Many people have several pension arrangements that have been accumulated over time. Our experience has shown that few people review these to ensure that they continue to provide value for money, or have much idea of how much they will provide at retirement.

Many current pension arrangements are “defined contribution”, or “money purchase” investments, meaning that your eventual pension depends upon a variety of factors, such as investment returns, charges and annuity rates. Our Pension Review Service ensures peace of mind by reviewing all of your pension arrangements and keeps a watchful eye their progress.

When nearing the time to start taking your pension benefits we believe that taking independent financial advice is vital. We discuss with our clients the various annuity options that are available and research the market to ensure that the most appropriate illustrations are provided. Special annuity rates can be available for smokers, previous and existing health conditions, for some occupation’s and those of a larger build – all increasing the amount of income that can be obtained. When you consider that the annuity income will continue for life (and the lifetime of your partner if required) a few pounds extra each month can soon add up.

For mor information on Annuities download our Annuities Guide or call us on 01324 670 555.

Authorised and regulated by The Financial Services Authority