Get the most from your retirement

The current recession has adversely affected the financial markets in a number of ways and annuities is no exception. Rates are falling, final salary incomes are rarer and pension pots are, on average, becoming smaller. While this sounds like doom-mongering, what it should do is stress the need for finding the best available rates.

A great number of people are not even exploring the open market option and are instead buying annuities from their existing pension providers. Whether this is due to a lack of information, an unwillingness to shop around or apathy on behalf of the retiree, the end result is the same. Whatever the size of the pension pot, annuitants could be missing out on thousands of pounds worth of revenue, simply by ticking the box of their existing pension provider.

Higher rates still are available for those who may qualify for an enhanced annuity, which includes smokers or people with an existing medical condition. Finding the right provider who can offer the improved rates could make a huge difference in retirement.

Buying an annuity is inarguably an extremely important decision and should not be taken lightly. Research is crucial and should not be viewed as time-consuming or hard work. Independent financial advisors are on hand to offer advice and guidance and will save you time and money.

Here at Annuity-Market, you can get a free annuity quote, simply by calling, writing or using the online enquiry service. We’ll introduce you, in various ways, including through the website and by phone, to Independent Financial Advisers (IFA), making finding the right annuity for you easier than ever.