The New Changes to Annuities and What That Means for You

There is still a great deal of confusion surrounding the government’s announcement that compulsory annuities by the age of 75 are to be scrapped and what this means for the average retiree. This great article from www.lovemoney.com is well worth reading, as it summarises the main points, most of which concern the new flexibility that is available to people nearing retirement.

With flexibility comes choice, particularly with the open market option, and this is where more confusion can arise. Simply put, the best thing to do is to speak to an expert and this is where Annuity Market can help. Simply fill in a form and we will put you in touch with independent financial advisors (IFA) that will be able to deal with your situation individually and present you with the best and most suitable options for your retirement. Our IFAs can also offer advice on how to maximise your annuity income and you can quickly and easily compare annuity rates on our site.

Get a free annuity quote now and make sure you get the most from your retirement.

Read the full article here.