If several factors apply to you, you could be eligible for even higher UK pension annuity rates. Let me explain; first, when you buy an annuity, you’re buying an income for life. So it’s important you shop around to find the best deal, and it’s also important that you disclose anything that might effect the annuity rates you’re offered. As annuity specialists we take into consideration your individual circumstances, but we only know what you tell us. Whether you enjoy good health or suffer from ill health, we’ll find you a better deal.
It’s possible we could get you up to 30% more annuity income than you would receive from your existing pension provider, but only if you tell us all we need to know about your circumstances. You could get up to 20% higher pension annuity rates if you’re fit and healthy, up to 30% higher if you have ill health, up to 30% higher if you’re a regular smoker. You can even get higher annuity rates if you’re overweight or drink alcohol regularly, or if you live in certain postcode areas. However, the point of this article is to inform you that the more of these factors that apply to you, the higher the annuity rates, and the higher your retirement income.
