Contact By Post Contact By Phone 01934 310653 / 01173 701730

01934 310653

01173 701730

Email Linked In Blogger Google Plus Facebook Twitter

Make A Quick Enquiry

Provide us with a few details and we will be back in touch with you as soon as possible
Full Name
Phone No.
Email Address
Best time to call
Message
Send Enquiry

Please enter the code:

Captcha
Send Enquiry

Annuity Advice

What is an Annuity?

An annuity is a type of insurance policy that provides a regular income in exchange for a lump sum.

When you reach retirement you have to convert the capital built up in your personal pension policy into an annuity or draw down pension. You can take up to 25% of your pension pot as a tax-free lump sum.

Over the past few years, annuity rates have fallen sharply. You do not have to take the annuity offered by your existing pension company and this is called the open market option.

Annuity rates vary between companies so you need to check which one will give you the best deal which is where an Independent Financial Adviser can be invaluable.

If you have a reduced life expectancy due to medical or lifestyle reason you may be entitled to an Enhanced Annuity.

For instance,this may include habits such as smoking or drinking, medical history or lifestyle. If you are entitled to an Enhanced annuity you may receive up to 50% more income.

Invest Southwest are an award winning Independent Financial Advisers that offer pension advice . We are FCA approved and offer a free initial consultation to establish your needs.


If we can help with any of your needs do not hesitate to contact us on 01934 310653

Reviews and Ratings for Financial adviser Matthew Duncan, Derby