Posts Tagged ‘annuity’
Retiring soon – Always shop around for your Annuity.
March 16th, 2010 | 
Author: An annuity is the financial product that you purchase with your pension money at retirement. The annuity pays you a guaranteed income for the rest of your life. You can buy additional benefits for your spouse and have other features added to the annuity when you first take it out.
Your current pension provider will offer you an annuity when you reach your stated retirement age, but BEWARE; the offer from your existing pension provider is invariably a poor one.
YOU MUST, shop around for the best annuity rate you can find in the open market. By doing so you will increase the amount of guaranteed income you will have in retirement, a VETY important factor.
Also, it is vitally IMPORTANT, that you tell the annuity provider about your medical background . If you suffer from high cholesterol, diabetes, smoke, take medication, have suffered previous illnesses or have a current medical diagnosis of a complaint (however irrelevant they seem to you), any of them may provide you with an Enhanced Annuity. This means the provider will pay you MORE income as you have a past or current health issue.
As can be seen it is vital to get the best advice when you purchase an annuity. Speak to the experts at Thompson Financial Consulting Ltd and we’ll ensure you get more money in your pocket.
Posted in Pensions, annuity | 
Tags: annuity, enhanced annuity, Hadleigh, impaired annuity, Ipswich, pension, Pensions, retire, retirement, thompson financial consulting | 
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Don’t throw your money away!
I have been helping one of my clients that has reached her retirement age and she wants to take an income from her pension. By getting the best retirement product for her, her income has increased by a hugh 12%per year
When you approach your retirement age and want an income from your personal pensions, you buy an “Annuity” with the pension money and the “Annuity” pays you a regular income. ALWAYS, shop around for the best annuity rates and DON’T just accept what your current pension provider offers. If you do, you are likely to be throwing money away!
If you are of an age that you are considering taking a pension income, let Thompson Financial Consulting help you get the income that you deserve.
