The Annuity Process

When looking at your annuity options there is a clear process that can be followed to ensure you have selected the right option for you.

Prior to retirement age you will receive values from your existing pension providers and a number of annuity options should you elect to take benefits with your existing provider.  You DO NOT have to take their offer as you are free the look at the annuity rates available in the ‘Open Market’.

At Chartwell we have created an easy five stage process:

• Stage 1. Speak to one of our retirement specialists who can run through any questions you have about your retirement. They can explain all the options available and the upside and downside of each possible course of action. The specialist will then run a Pre Retirment Report for you.
• Stage 2. Review all of your annuity options by comparing and contrasting different options within your report.
• Stage 3. Select the most suitable option based on the information contained in the report and your dicussion with the annuity specialist.
• Stage 4. Contact your specialist who will research the market to fid the most competative rate for your annuity fund. They will even tell you if we cannot beat your existing provider
• Stage 5. Apply for the best annuity available. Our aim is to make the process as easy and straightforward as possible, so once you have decided upon your chosen annuity, all you need to do is sign the paperwork and return it to us.  We will deal with all the paperwork and liaise with your existing providers and your new annuity provider.  We do not charge any fees as we receive commission from the product providers.

A five minute conversation with one of our annuity specialists could provide you with an extra £20,000* of retirement income. Contact us today on 0117 9170736.