Look out for the best annuity rates. Buying a pension annuity is quite simply one of the most important financial decisions a person makes in their lifetime. What’s more, many people fail to realise that it isn’t necessary for them to buy their annuity from the company they built their pension fund with. Aiming to simplify the process of purchasing an annuity by providing accurate and important information to thousands of ordinary retiring people, this web-based service sets out to highlight three key facts relating to the process involved.
1. The customer can shop around,
2. It is very likely that pension incomes can be greatly improved, possibly by in excess of 1/3rd, by shopping around.
3. Those suffering from medical or lifestyle conditions could see a really significant difference in the pension income they will receive by getting themselves increased annuity rates.
Using our online services, individuals can make a big difference to their standard of living both now and in the future. Only by combining details of fund size and an individual’s personal circumstances will they begin to realise that this could amount to an annuity income increase amounting to hundreds or even thousands of pounds. And it’s important to remember here that this is per year and for the rest of their life. Andrew Megson, Sales Director of Just Retirement comments:” We support this new facility that will undoubtedly help increase customer awareness that a better deal may well be available to them by switching provider. The rightannuity service will enable customers to search for the best income at retirement.”
