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’.

You will then need to decide what type of annuity you require.  We believe at this stage you should start to talk to an annuity specialist who will be able to guide you through the annuity process. 

Our free Pre Retirement Report  will provide you with an overview of the conventional annuity market place to assist you in deciding on the shape of your annuity.  Should it be single life or joint lives, level or escalating?

In addition our dedicated annuity team can also provide information in respect of 'With Profit' annuities and 'Impaired Life' annuities.

Once you have decided on the type and shape of your annuity, based upon the information we have provided, we will then arrange formal illustrations from the leading annuity providers for your chosen requirements.

We will then assist you in the completion of the necessary paperwork and liaise with both the annuity provider and your existing pension provider(s) to ensure that your annuity is established as quickly as possible.

If you want to know what rates are currently available then our real time quote service will provide you with updated rates from the leading annuity providers. Request your quote today.