Act now if you are retiring soon and your pension is with one of the following companies, who currently offer poor annuity rates:
AXA, Standard Life, Scottish Widows, NPI, Windsor Life, Equitable Life, Abbey Life, Century Life, Britannic, Scottish Life, Winterthur Life, Lincoln, CIS, Clerical Medical, Pearl, Royal London, Phoenix, Save & Prosper, Zurich. (Sourced from rates survey 21.12.07)
There are still only a handful of companies consistently offering competitive annuity rates, including enhanced annuity rates for those with lifestyle and medical conditions. Make sure you take advice and get the right annuity provider for your retirement income.