Annuity Comparison

Annuity Comparison Service

It is important that you consider your options, which is why comparing annuity rates could help you to find the most appropriate and cost effective deals on the market. Make sure you do your research and learn as much as you can about your annuity options. Factors to consider when buying an annuity include:

 

• Being aware of the open market option which allows you to shop around - you are not bound to accept the annuity offer made by your existing pension provider.
• Compare annuity rates from market leading providers
• Consider your options including protecting income from inflation, guarantees, whether income is paid in advance or ins arrears, monthly annually, and whether the annuity is on a single or joint life basis.
• You can benefit from an enhanced annuity rate if you have poor health or you are a smoker
• You may wish to consider alternative options to conventional annuities

 

Comparing the annuity market in our view is best done by a specialist broker. It is important to remember you have one chance to get this right. This is because once you and your insurance provider are contracted; there is no option to change your mind. 

 

To get a true perspective on what you could get from an annuity based on current rates taking into account your personal circumstances please use our service below:

Whilst an annuity calculator will give you an overview of what you could expect to recieve the accuracy of the calculator will depend on whether it is taking into account current annuity rates which fluctuate on a regular basis. If you want an accurate picture of what you would get we recommend talking to an annuity broker as many online calculators are not updated on a regular basis.