To get the best annuity rates you need to understand UK pension annuity rates are all about life expectancy. When you buy an annuity with your hard saved pension fund, you’re actually buying a guaranteed income for the rest of your life. So it’s important you shop around to find the best deal and understand why. Annuity rates are based on various factors, and this can lead to to you receiving a substantially higher retirement income. However, to find the best deal you really need to compare annuity quotes from different companies. It’s possible you could get up to 30% more retirement income than you would receive from your current pension provider. So, don’t simply waive goodbye to thousands of pounds of vital retirement income, enquire now to see how much extra income we can find for you.
UK annuity rates are based on various factors: your age, gender, size of pension fund, occupation, your health, if you’re overweight, if you smoke regularly, your alcohol consumption, and where you live. The more factors that apply to you, the higher your retirement income. To achieve the best deal at retirement you need to be prepared to disclose any details about your state of health or your lifestyle that might effect the annuity rates you’re offered. The more you disclose, the higher your retirement. Why is this? Because annuity rates are all about life expectancy. If your particular circumstances suggest a lower than average life expectancy, you’ll get a higher income, because the annuity provider will anticipate paying you that income for a shorter period of time.
