Annuity Rates Annuity rates vary greatly between the different providers. You could be up to 30% better off in your retirement, or possibly more, by getting the right annuity rates.

Annuity Options You can tailor your annuity to suit with various options. Selecting the right options is important, and mistakes can prove costly. We can help you with your choices.

Annuity TypesThere are various different types of annuities to choose from, and it’s important you select the right annuity for your own particular set of circumstances.

Pension annuity rates update

An interesting one this; not necessarily as expected. Yes, we are seeing the first signs that insurance companies are cutting their annuity rates as Aegon makes a small reduction.

However, that is not the end of the story. In a surprise move Prudential, another significant annuity player, increased its annuity rates by over 3% to reverse the cuts it made last week. This takes a bit of understanding in the current climate of reducing interest rates.

It could be that in the run up to the end of the year they want to increase new business figures, particularly in the area of annuities, or maybe I am being too cynical.

Anyway, any increase in pension annuity rates is good news for retirees.

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