Your pension fund is not the most exciting of subjects but it’s one of the biggest assets you’ll ever own.

By the age of 75 you’ll have to use your pension fund to buy an annuity and recent research by the Financial Services Authority estimates that consumers could gain as much as 35% by shopping around for their annuity.

An annuity converts your pension fund into pension income – i.e., the income you will be paid for the rest of your life. You buy an annuity from an insurance company with your pension fund, which can come from any of the following:

• Personal pensions • Stakeholder pensions • Retirement Annuity Contracts • Section 32 policies
• Free Standing Additional Voluntary Contributions (FSAVC’s)

We can help you to shop around to get the best deal for your circumstances.

Once you have bought your annuity you cannot switch to another annuity provider or a different type of annuity at a later date. Your pension income from your annuity is taxable.

Click here to send an eMail request for advice on Open Market Options

We are pleased to announce a new interactive facility to allow you to produce your own illustrations on line. Please use the facility but do not hesitate to contact us for personal service.

Click here for an online Illustration of your Annuity.