Here at rightannuity.co.uk we believe we’re something of annuity specialists. We believe we can get you the best pension annuity rates for your pension fund. When you buy an annuity with your hard saved pension fund, you’re buying an income for the remainder of your life. We can help you get an income that’s possibly up to 30% higher. An often made claim, but let me tell you how and why we can do this.

First, your existing pension company won’t offer you the best deal, and you will get better deals by shopping around. Secondly, both your state of health and your lifestyle can influence the annuity rates you’re offered. Thirdly, if you want the best pension annuity rates annuity quotes should be compared from different insurance companies. Last, but not least, we can offer you peace of mind with service and advice you can depend on. So, don’t simply waive goodbye to thousands of pounds of vital income; enquire now to discover just how much extra income you could receive.

You could give your retirement income a major boost. Did you know that pension annuity rates are based on a number of factors: age, gender, size of your pension fund, your state of health, whether you smoke or drink on a regular basis, your occupation, whether you’re overweight, and your address. These factors can significantly boost your important retirement income. Pension annuity rates are all about life expectancy, and if your particular circumstances suggest a lower than average life expectancy, you’ll get a higher annuity income, because the annuity provider will anticipate paying you your income for a shorter period of time. So, to achieve the best deal at retirement you need to be prepared to disclose any information about your state of health or your lifestyle that might effect the annuity rates you’re offered. The more you disclose, the higher your income could be.

Don’t buy pension annuity rates from Aviva and Saga just because they’re advertising or you know the name. Neither of them can offer you a choice of annuity rates to compare so it’s likely you’ll miss out on getting the best deal and the best annuity rates. Being able to compare annuity rates from different companies is important. It presents you with the best opportunity of getting the highest annuity income. You can choose the annuity quote that offers you the best deal for your circumstances. We’ll compare annuity quotes for you from some of the leading UK annuity providers.

Buying an annuity directly from an insurance company or from an annuity service that only offers one insurance company’s annuities could prove to be a costly mistake in terms of lost retirement income, so taking your annuity from Aviva or Saga could be a mistake. Annuity rates do vary tremendously between different insurance companies. No single company offers the best annuity rates for all scenarios. Company A, which could be Aviva, might offer the best rates for a male aged 65, but not for a male aged 70. Company B, which could be Saga, might offer the best rates for a £50,000 pension fund, but not for £100,000.

Don’t restrict yourself to just checking out pension annuity rates from one company. You’ll be relying on one company, one annuity quote, competitive or otherwise. You could miss out on the best rates. Remember, your current pension company won’t offer you the best rates. You will find higher annuity rates elsewhere. Also, if you suffer from ill health, if you’re overweight, if you smoke regularly or drink regularly, or if you live in certain postcode areas you’ll be entitled to higher annuity rates, and the increase can be very worthwhile. annuity rates in general are falling, but there are things you can do to help yourself achieve a higher annuity income. Importantly, you should disclose anything that might effect the rates you’re offered. See pension annuity rates for details.

When you’re looking for the best smoker annuity rates, it pays to seek specialist advice. It can make quite a difference to the retirement income you end up with if you work with a specialist adviser. Let’s look at a case involving three different financial advisers asking questions of a particular client that smokes 20 cigarettes each day. The client is male, aged 65, with a hard earned £100,000 pension pot. Income is payable on a monthly basis, in advance, level, with a nil guarantee. The results clearly show that specialist advice is key, as is the need to give very full answers. 

The client is a regular smoker, and is looking for the best annuity rates. Adviser 1 asked if the client smoked. Client response: ‘yes’. Adviser 2 asked if the client smoked and if he was taking prescription medication. Client response: ‘yes, and taking two tablets to help with high blood pressure’. Specialist adviser asked about smoking, prescription medication, and any other relevant health or lifestyle issues. Client response: ‘snores heavily, wears a mask at night, and suffers from sleep apnoea’.

Resultant retirement annuity incomes: the first adviser got smoker annuity rates for £7,699 per year, the second adviser got a quote for £7,787, and the third adviser got the best annuity quote of £8,126. The best standard rates came up with just £7,490. Overall, the best deal for this regular smoker; an extra £636 per year for LIFE.

Smoker annuity rates could be the best UK annuity rates for you if you’re a regular smoker. When you decide to purchase your important retirement income you take your pension fund (probably after tax free cash) and approach an insurance company to buy a pension annuity. Be careful, though, you do not need to buy your  pension annuity from the same pension company who has managed your pension savings and you can instead go to the open market to find the best annuity rates and transfer your pension to a new annuity provider, known as taking your open market option (OMO).

However, if you are a regular smoker you can opt for smoker annuity rates. The criteria for this is that you smoke 10 cigarettes or more each day and you have regularly smoked for at least the last 10 years. Please check the annuity providers definition as criteria can vary. You may think its not worth moving your hard earned pension fund but on average you might actually get rates around 20% than non-smoker annuity rates. In the first instance you should approach your existing pension provider and ask if they provide smoker annuity rates. Using the services of a specialist annuity adviser is a good idea as smokers annuities are a little bit more complex than standard annuities, and more information is required. You will need to go through a medical questionnaire and the insurer may contact your doctor to check your smokers status.

Enhanced annuity rates for smokers are well worth getting. When it comes to retirement, smokers are usually worse off because of the extra cash they spend on their habit, and many find it difficult to get the best annuity rates for their retirement income. Annuities are a way to convert a hard earned pension fund into an ongoing income stream that is payable for the rest of the retirees life. There are various annuity plans and annuity options, and in the past the best annuity rates have always been in favour of those people with larger pension funds and healthier life styles.

However, in more recent times things have changed and we now have higher, or enhanced annuity rates for those that are in poor health, smoke regularly or suffer from a physical condition such as being obese. Smokers annuity rates are designed specifically for those who find it difficult to kick the smoking habit and usually only require a General Practitioners Report (GPR) to support the condition of their health. Mind you, to qualify, you probably have to smoke at least ten cigarettes per day, and have done so for the past ten years.

On average enhanced annuity rates can pay as much as 22% more than standard annuity rates. Rates are based on life expectancy and because people who suffer from poor health or smoke have a reduced life expectancy, it means that the annuity income is not spread over as many years and therefore the income can be greater. Experts have suggested that retirees carefully consider the type of annuity they take out as they may miss out on certain benefits if they do not take an annuity that closely matches their personal circumstances.