| Dedicated to finding the best annuity quote for you |
The aim at rightannuity.co.uk is
simple; to help you find the best annuity rate.....
The RIGHT annuity.
Why choose us to handle your all important search
for the best pension annuity quote?
Because we offer a first class service. This service is provided by our strategic partner,
Bank of Scotland Annuity Service (BoSAS). They are backed by the strength of the HBOS Group, one of the largest and most successful financial services organisations in the UK. They have helped over
12,000 people buy annuities worth over £750 million since launch in 2002.
In 2007 they placed £196 million into annuities.
Their specialist team are on hand to search the whole of the UK annuity market to get you the best deal, with
rates available from all annuity providers.
You'll find that they are easy to deal with and provide a first rate service, and they could increase your income by up to one-third at no extra cost to you.
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We offer you a choice as to how you access
this annuity service:
Quotations
You can move to the personal quote page now and look at some
annuity quotes for yourself. The comprehensive online annuity quotation facility is easy to use; just take time to ensure you complete the right boxes.
One search compares annuity rates from all the top annuity providers.
Feel free to look at different types of annuity quotes for different sets of criteria.
A personalised quotation report
To receive a personal illustration based on your individual circumstances please complete the
personal information
form. You make the choice of the type of annuity and the options. Submit this and you will receive a
list of the leading annuity quotes based on your selections
with a report in the post.
Would you like to talk to someone
Or, if you prefer, you can book a telephone call with one of the team of annuity specialists. You can have a
call back at a selected time.
Simply click on one of these links to select your preferred route.
In all cases your enquiry will be treated confidentially by the specialists at Bank of Scotland Annuity Service.
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This free and no obligation service will check the whole market on your behalf.
This service could substantially increase your income - and you won't be charged a penny. If you do decide to take the annuity found for you, the annuity provider will pay BoSAS a commission - but this is built into the quote they give you.
Please note; going direct to an annuity provider does not get you a better annuity rate; nor can it provide a choice of annuity quotes from different providers.
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It might be the case that you want a
conventional annuity paying a fixed level of income. You might wish to take a
with profits annuity giving the opportunity for an increasing income. If you have a lifestyle or medical condition, or if you smoke, you might qualify for an
enhanced annuity rate or an impaired life annuity rate.
Depending on your marital status you might require a
single life annuity or a joint life annuity. There are a great number of options available to you.
You will find plenty of useful information on this website to help you make an
informed decision about your choices at retirement. This information is updated regularly with news items.
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Do you know:
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You are one of the few people, one in three according to research, who take the trouble to shop around for the best annuity rates at retirement.
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By shopping around you are extremely likely to find a better annuity rate. This could result in the retirement income you receive from your annuity being up to one-third more. In figures this could amount to £1750 more per year on a starting level of £5000. (Check the annuity quotation facility for examples)
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There only a handful of insurance companies who offer high annuity rates. Your pension fund is unlikely to be with one of them. Take a look at the names on this web page – these companies are the ones that generally offer the best annuity rates. Is your pension fund with one of these companies?
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It is simply not the case that just because your pension fund is with a well known reputable insurance company that they will offer you a good annuity rate. Unfortunately, the annuity rate offered by some insurance companies to pension savers can be very poor, often selling people short by tens of thousands of pounds over the course of their retirement. The annuity market is a specialised market requiring independent specialist advice, with the ability to find you the best rate.
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If you have, or have had, a medical or lifestyle condition, or if you are a regular smoker, this can result in you getting a higher annuity rate. These are known as enhanced annuity rates or impaired life annuity rates.
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There are a number of alternatives and variations to consider: fixed rate annuity, conventional annuity, single life annuity, joint life annuity, enhanced annuity, impaired life annuity, flexible annuity, variable annuity, and so on.
Getting this right is really important. Once your annuity is purchased it cannot be changed and is payable every year until you die. Your annuity dies with you. |
Not only can the annuity quote be provided, you will be guided through the whole annuity placing process from start to finish
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Here we highlight your choice of annuities:
Single-level annuity. This is the simplest type of annuity. It pays out exactly the same amount to an individual (the “annuitant”) every month until the annuitant dies.
Guaranteed annuity. Pays out an annuity payment each month for at least the length of the guarantee period, even if the annuitant dies before the end of the guarantee period; in which case the guaranteed annuity payments are made into the annuitant’s estate. The maximum guarantee is ten years.
Inflation-linked annuity. These increase the annual payments by the rate of increase in the Retail Prices Index (RPI) to give payments protection against inflation.
Escalating annuity. These increase the annual payments by say 3 or 5 per cent to give the pensioner some protection against inflation and to allow for possible increased income needs as the annuitant ages.
Joint-life or last-survivor annuities. These pay an agreed annuity payment to an annuitant and the annuitant’s partner while both are alive. Following the death of the annuitant the contract pays either the same amount or an agreed reduced amount each month until the partner dies. The reduction in last-survivor
annuities is typically a half to one third.
Investment-linked annuities. These involve the fund backing the annuity being invested in an equity product. The annuitant receives an annuity payment that is related to the performance of the equity market.
Impaired-life annuity. Pays an increased annuity payment if the annuitant has health problems, such as cancer, chronic asthma, diabetes, heart attack, high blood pressure, kidney failure, multiple sclerosis or stroke.
Enhanced annuity. Pays a higher annuity payment related to actuarial considerations.
Phased-retirement or staggered-vesting annuities. With these, instead of converting the whole pension fund, withdrawals are scheduled over several years. This is achieved by splitting the fund into many separate segments.
With-profits annuity. These link income directly to the performance of the insurance company’s with profits fund. Typically, income is made up of two parts: a minimum starting income and bonuses.
Short-term annuity. This allows an individual before 75 to use part of a pension fund to buy a fixed-term annuity lasting up to five years. They can choose annuity options in much the same way as basic annuities.
Value-protected annuities. These will pay a lump sum on the death of the annuitant, equivalent to the difference between the original purchase price and total payments made. The lump sum is taxed at 35 per cent. They are only available until aged 75.
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Annuity Rates
Understanding annuity rates can be a complicated process, the annuity rates advice available here will help you make an informed decision. If you are looking for the best annuity rates, we are confident we can help you find the best retirement options. On offer are a variety of annuity plans from a variety of providers.
Looking for an Annuity Quote?
If you are contemplating retirement, there is available to you an annuity quote that will meet all your requirements. The annuity quotes available are personal to you and are designed to be competitive and cost effective. If you are looking for an annuity quote one can be provided that will meet all your requirements.
Pension Annuity
The pension annuity advice on offer will help you find an annuity plan that will help you lead a comfortable retired life. A number of pension annuity plans are available from a variety of providers, Prudential, Canada Life and Norwich Union are just some of the pension annuity providers plans are available from.
Pension Annuities
Our website has a comprehensive selection of pension annuities. The pension annuities are designed to be cost effective and competitive. Irrespective of your background, we are confident we can help you make an informed decision when it comes to annuity plans. The annuity rates advice on offer is designed to help people all over the UK irrespective of their financial status.
Looks complicated ?
Thats where we come in |
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To assist you in identifying the right option we have selected one of the
leading writers of pension annuity business in the UK, Bank of Scotland Annuity
Service (BoSAS) to offer you this service. They work with you to source the best possible annuity, selected from the whole market place, including companies such as
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Prudential
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Norwich
Union
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Legal and
General
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Scottish
Equitable
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Just
Retirement
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Canada
Life
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amongst others.
With their undoubted expertise they aim to get you the best possible pension annuity rate and absolute confidence and peace of mind. |
Our
Charitable Support.
We
are a charity supporting website. Each and every case that is
written leads to a donation of £12 to
Cancer Research UK from rightannuity.co.uk
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