UK Annuities: FINANCIAL CONDUCT REGULATED SITES • QUALIFIED, TRUSTWORTHY ANNUITY ADVICE

Centralising Your Pension Annuity Search

BUT FIRST, SOME IMPORTANT INFORMATION THAT COULD BOOST YOUR RETIREMENT FINANCES Have you taken out a credit or store card, mortgage, secured loan, unsecured loan or hire purchase agreement in the last 10 years? If you have (or have had) a mortgage, loan or credit card with providers such as Barclaycard, Abbey, Santander, Littlewoods, MBNA, Halifax, HSBC, HBOS, Lloyds, Natwest, RBS or in fact any other credit provider, you may be able to reclaim up to £15,000 if you were sold PPI insurance - in most cases even if you have lost the paperwork. Learn more about PPI Claims now!


annuity comparisons Visit Open Annuities

You could increase your annuity by thousands. Make sure you recognise the best annuity advice when you get it. The more information about annuities you have, the more able you will be to recognise the best annuity advice when you receive it.
Visit Open Annuities Financial Services Register Number 530750


Annuity Plan Visit Pension Annuity Plan

You may be able to secure several thousand pounds more over your lifetime from annuity providers than your current pension provider. Many are unaware of this very important information. The more information you have, the more able you will be to recognise the best deal when you see it.
Visit Pension Annuity Plan Financial Services Register Number 530750


annuities plan Visit Annuities Plan

All fund sizes welcomed. Why should the annuity buyer be careful? Buying from your pension provider isn't always necessarily the best idea.
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annuity comparisons Visit Pension Annuity Planner

This company may be able to increase your standard pension annuity through enhanced annuities.
Visit Pension Annuity Planner Financial Services Register Number 530750


annuity comparisons Visit Annuity Base

Using specialist annuity industry search software, an FCA registered Independent Financial Adviser will query top annuity and annuity alternative providers' databases to help you compare and choose which one is the best for you.
Visit Annuity Base Financial Services Register Number 530750


annuity comparisons Visit The Enhanced Annuity

Specialists in enhanced annuities. It is estimated that up to 40% of the UK population could boost their pension annuity income with an "enhanced annuity".
Visit The Enhanced Annuity Financial Services Register Number 483817


annuity comparisons Visit Annuity Comparisons

Why would you use an automated annuity comparison website when an authorised, qualified pension consultant can advise you which is the best annuity for free with no obligation to buy? There are many reasons why you should not trust your future income to comparison tables on faceless sites. In some matters you need absolute certainty.
Visit Annuity Comparisons Financial Services Register Number 483817


annuity comparisons Visit Annuities Extra

Pension annuities for those of us who are not in the best of health. If you've a health problem, no matter how small or insignificant you think it is, you'll stand an increased chance of a higher annuity income.
Visit Annuities Extra Financial Services Register Number 483817


annuity comparisons Visit Simple Annuities

Finding an annuity does not have to be difficult. Pension annuity retirement finance experts with vast experience of annuities are waiting to help you. Compare pension annuities and annuity alternatives now.
Visit Simple Annuities Financial Services Register Number 483817


annuity comparisons Visit The Female Annuity

1000's of women retire every week in the UK. Compare annuities for women and their alternatives.
Visit The Female Annuity Financial Services Register Number 460094


annuity comparisons Visit Annuity Pathway

Your simple pension annuity journey. How you might take the wrong annuity route and lose the annuity income that is rightfully yours.
Visit Annuity Pathway Financial Services Register Number 460094


annuity comparisons Visit Just One Bite Annuities

How a pension annuity will affect your life. You will only get one bite of the annuity apple. Once you buy an annuity, there's no going back.
Visit Just One Bite Annuities Financial Services Register Number 460094


annuity comparisons Visit Pension Annuities Plus

Your annuity income may increase if you have had certain conditions such as high blood pressure, asthma or high cholesterol. This is also true for smokers and for those who have worked in certain occupations. Get pension annuity comparisons now.
Visit Pension Annuities Plus Financial Services Register Number 483817


annuity comparisons Visit Annuity Answers

Why should the pension annuity buyer beware and why do so many retirees ignore a much bigger annuity income? Compare annuities now.
Visit Annuity Answers Financial Services Register Number 483817


annuity comparisons Visit Smokers Annuities

Your lifespan as a smoker and your annuity options. We're sorry to be blunt, but you most likely already know that smokers, in general, have shorter lifespans than non-smokers. Of course annuity providers are well aware of this unfortunate fact of life. Increase your annuity now.
Visit Smokers Annuities Financial Services Register Number 483817


annuity comparisons Visit Annuity Key

Unlike some companies, all fund sizes are accepted. The Retirement Income Customer Hotline Limited may be able to boost your pension income by more than 40% compared with your current pension provider's offering.
Visit Annuity Key Financial Services Register Number 460094


annuity comparisons Visit Buy an Annuity

Buying an annuity from your pension provider isn't always necessarily the best option! You might be able to secure several thousand pounds more over your retirement from annuity providers than your current pension provider.
Visit Buy an Annuity Financial Services Register Number 154622


annuity office Visit Annuity Office

We recognise our annuity clients as individuals, which is why we deal with every case on a one-to-one individual basis. Did you know for instance that your income may increase if you have had certain health problems such as high blood pressure, high cholesterol or asthma? This is also true for smokers and for those who have worked in certain occupations.
Visit Annuity Office Financial Services Register Number 483817


ANNUITIES: Annuities News


Scottish Widows Responds To The Government’s White Paper On Pensions Reform

• The package of reforms is generally coherent, but there are practical difficulties

• Personal Accounts/NPSS could result in reductions of current levels of employer
pension provision

• Cost framework for Personal Accounts set out by the Pensions Commission is flawed
Scottish Widows has today formally responded to the Government’s White Paper on pensions
reform. The main focus of the response is detailed below.

Ian Naismith, head of pensions market development at Scottish Widows, comments:
“Scottish Widows believes that core elements of the White Paper proposals are a significant
improvement on the current system and that the overall structure is sound. It was essential
that reforms to state pensions and private pensions should form a coherent package, and in
general this has been achieved.

“The proposals for state pension reform are far from simple, but they do deliver a fairer
system which addresses many of the current inequities for women and carers. However,
private pension reforms will only succeed if there is a significant reduction in future levels of
means-testing, and we call on the Government to engage with industry experts in validating
its financial modelling of future means-testing requirements.

“Central to the Government’s proposals for private pensions is the introduction of Personal
Accounts. While there are many hurdles to overcome before they can become the solution to
the nations pensions needs, if successful they should make a significant contribution to future
levels of private savings. Any changes to pensions policy must be considered against the
backdrop of falling pensions savings in the UK. The Scottish Widows Pensions index, which
tracks the percentage of those expected to be saving adequately, fell from 55% in 2005 to
46% in 2006.”

Scottish Widows plc. Registered in Scotland No.199549. Registered Office in the UK at 69 Morrison Street, Edinburgh EH3 8YF.
Tel: 0131 655 6000. Scottish Widows plc is a member of the Scottish Widows and Lloyds TSB Marketing Group, members of which carry on the
business and services associated with life assurance, pensions and investments. Scottish Widows plc acts as the processing and paying agent for
Scottish Widows Annuities Ltd. Scottish Widows plc is authorised and regulated by the Financial Conduct Authority, (FSA Reg.No.191517).

Personal Accounts – solution to pensions savings?

“Personal Accounts offer a real opportunity to fundamentally increase levels of private sector
savings. According to the Scottish Widows UK Pensions Report 2006*, 50% of people
looking to change employer would consider the quality of pension scheme important. To be
successful, Personal Accounts must deliver genuine increases in savings levels amongst
current non-savers. However, there is a real danger that they could have unintended
consequences, which could include reductions in current levels of employer sponsored
provision and substitution of current savings vehicles.

“Additionally there is a real threat that savings levels will deteriorate significantly prior to the
introduction of Personal Accounts. This could be as a result of consumers misguidedly
delaying investing in a pension on the basis that Personal Accounts represent a ‘better deal’.

Alternatively, it could also arise from current providers reassessing the attractiveness of
private pensions markets given the high capital intensity and the risks of consumers
subsequently migrating to Personal Accounts. If this happens, the challenge faced by
Personal Accounts will have grown considerably by 2012.”

Charging structure
“We continue to believe that the proposed cost framework for Personal Accounts is flawed.
We don't believe the very low charges talked about are achievable. The charging level
needs to take account of a realistic assessment of the distribution of ages and salaries, opt
out and work patterns, employer administrative capabilities and capital requirements in
establishing between 6-9 million Personal Accounts.

“We believe that the 0.3% target annual management charge set out by the Pensions
Commission needs to at least double to avoid the danger of future cost increases or ongoing
taxpayer subsidies. We also don't believe a single annual management charge is
appropriate and it will give rise to a projected initial capital requirement of between £1-2 billion
to establish Personal Accounts for between 6-9 million individuals. By including an initial
contribution charge of the first month’s premium spread over the first 12 months of a Personal
Account’s existence, we calculate that the capital requirement could by reduced by up to
75%. These issues are largely independent of whether there is one centralised scheme or
several competing providers of Personal Accounts.”

Scottish Widows plc. Registered in Scotland No.199549. Registered Office in the UK at 69 Morrison Street, Edinburgh EH3 8YF.
Tel: 0131 655 6000. Scottish Widows plc is a member of the Scottish Widows and Lloyds TSB Marketing Group, members of which carry on the
business and services associated with life assurance, pensions and investments. Scottish Widows plc acts as the processing and paying agent for
Scottish Widows Annuities Ltd. Scottish Widows plc is authorised and regulated by the Financial Conduct Authority, (FSA Reg.No.191517).

Impact on existing retirement savings
“It is vitally important that the introduction of Personal Accounts does not undermine existing
savings levels or lead to increased administrative burdens for those employers who have
voluntarily established pension schemes for their employees. There are a number of
considerations here but one of the central ones is the issue of levelling down. There is a clear
danger that over time, employers will gradually reduce existing contribution rates where they
are in excess of 3% of band earnings.

“It is essential that Personal Accounts are designed to boost savings levels and this should
not be at the detriment to the existing savings markets. There will still be a place for personal
pension vehicles and to avoid undue damage, Personal Accounts should be designed to
include;

• Clear and straightforward exemption requirements for existing schemes

• An overall Personal Account contribution limit of £3,000 per annum

• No facility to transfer existing assets into Personal Accounts

• Very simple investment options based on a small number of lifestyle investment funds”
Education and Financial Advice

“The introduction of automatic enrolment won't lessen the requirement for higher levels of
financial literacy than exists today. Continued improvements are required so that individuals
can make informed choices in relation to their pension scheme.”

Ian Naismith, Scottish Widows continues:
State Pension Reform
“Effective State Pension Reform requires delivery of a far simpler, fairer and less meanstested
system, but one which is also affordable. The proposed reforms meet many of these
criteria, and in particular should improve the pensions available to women and carers. But
their complexity could continue to result in individuals not taking personal responsibility for
their financial futures.

“A key test of the effectiveness of reform will be whether it ultimately reduces dependence on
means testing to an acceptable level. Under current arrangements, means testing will act as
an ever-growing structural impediment to future private saving. A key challenge to the
Government is now to substantiate in more detail its projections that the proportion of future
pensioners receiving means-tested benefits will fall from almost one-in-two to about one-inthree
by 2050. Industry experts such as the Pensions Policy Institute have raised issues with
these projections, and it is important that everyone has confidence in their accuracy. “

Scottish Widows plc. Registered in Scotland No.199549. Registered Office in the UK at 69 Morrison Street, Edinburgh EH3 8YF.
Tel: 0131 655 6000. Scottish Widows plc is a member of the Scottish Widows and Lloyds TSB Marketing Group, members of which carry on the
business and services associated with life assurance, pensions and investments. Scottish Widows plc acts as the processing and paying agent for
Scottish Widows Annuities Ltd. Scottish Widows plc is authorised and regulated by the Financial Conduct Authority, (FSA Reg.No.191517).

Keywords: Pension, Annuities, Annuity, Pensions

Please note that the annuities and income drawdown information contained within the articles and general text on Annuities Central may not be intended for annuity consumer use, may no longer be current and should not be used by consumers to make financial decisions. It is very important that you don't use this annuity information in isolation to decide which annuity or annuity alternative to buy. Annuity comparisons and pensions information or opinions expressed are made as at the date of this publication and are subject to change without notice. Always seek the help of an annuity broker before you buy an annuity.

annuity comparisons Visit Open Annuities

You could increase your annuity by thousands. Make sure you recognise the best annuity advice when you get it. The more information about annuities you have, the more able you will be to recognise the best annuity advice when you receive it.
Visit Open Annuities Financial Services Register Number 530750


Annuity Plan Visit Pension Annuity Plan

You may be able to secure several thousand pounds more over your lifetime from annuity providers than your current pension provider. Many are unaware of this very important information. The more information you have, the more able you will be to recognise the best deal when you see it.
Visit Pension Annuity Plan Financial Services Register Number 530750


annuities plan Visit Annuities Plan

All fund sizes welcomed. Why should the annuity buyer be careful? Buying from your pension provider isn't always necessarily the best idea.
Visit Annuities Plan Financial Services Register Number 530750


annuity comparisons Visit Pension Annuity Planner

This company may be able to increase your standard pension annuity through enhanced annuities.
Visit Pension Annuity Planner Financial Services Register Number 530750


annuity comparisons Visit Annuity Base

Using specialist annuity industry search software, an FCA registered Independent Financial Adviser will query top annuity and annuity alternative providers' databases to help you compare and choose which one is the best for you.
Visit Annuity Base Financial Services Register Number 530750


annuity comparisons Visit The Enhanced Annuity

Specialists in enhanced annuities. It is estimated that up to 40% of the UK population could boost their pension annuity income with an "enhanced annuity".
Visit The Enhanced Annuity Financial Services Register Number 483817


annuity comparisons Visit Annuity Comparisons

Why would you use an automated annuity comparison website when an authorised, qualified pension consultant can advise you which is the best annuity for free with no obligation to buy? There are many reasons why you should not trust your future income to comparison tables on faceless sites. In some matters you need absolute certainty.
Visit Annuity Comparisons Financial Services Register Number 483817


annuity comparisons Visit Annuities Extra

Pension annuities for those of us who are not in the best of health. If you've a health problem, no matter how small or insignificant you think it is, you'll stand an increased chance of a higher annuity income.
Visit Annuities Extra Financial Services Register Number 483817


annuity comparisons Visit Simple Annuities

Finding an annuity does not have to be difficult. Pension annuity retirement finance experts with vast experience of annuities are waiting to help you. Compare pension annuities and annuity alternatives now.
Visit Simple Annuities Financial Services Register Number 483817


annuity comparisons Visit The Female Annuity

1000's of women retire every week in the UK. Compare annuities for women and their alternatives.
Visit The Female Annuity Financial Services Register Number 460094


annuity comparisons Visit Annuity Pathway

Your simple pension annuity journey. How you might take the wrong annuity route and lose the annuity income that is rightfully yours.
Visit Annuity Pathway Financial Services Register Number 460094


annuity comparisons Visit Just One Bite Annuities

How a pension annuity will affect your life. You will only get one bite of the annuity apple. Once you buy an annuity, there's no going back.
Visit Just One Bite Annuities Financial Services Register Number 460094


annuity comparisons Visit Pension Annuities Plus

Your annuity income may increase if you have had certain conditions such as high blood pressure, asthma or high cholesterol. This is also true for smokers and for those who have worked in certain occupations. Get pension annuity comparisons now.
Visit Pension Annuities Plus Financial Services Register Number 483817


annuity comparisons Visit Annuity Answers

Why should the pension annuity buyer beware and why do so many retirees ignore a much bigger annuity income? Compare annuities now.
Visit Annuity Answers Financial Services Register Number 483817


annuity comparisons Visit Smokers Annuities

Your lifespan as a smoker and your annuity options. We're sorry to be blunt, but you most likely already know that smokers, in general, have shorter lifespans than non-smokers. Of course annuity providers are well aware of this unfortunate fact of life. Increase your annuity now.
Visit Smokers Annuities Financial Services Register Number 483817


annuity comparisons Visit Annuity Key

Unlike some companies, all fund sizes are accepted. The Retirement Income Customer Hotline Limited may be able to boost your pension income by more than 40% compared with your current pension provider's offering.
Visit Annuity Key Financial Services Register Number 460094


annuity comparisons Visit Buy an Annuity

Buying an annuity from your pension provider isn't always necessarily the best option! You might be able to secure several thousand pounds more over your retirement from annuity providers than your current pension provider.
Visit Buy an Annuity Financial Services Register Number 154622


annuity office Visit Annuity Office

We recognise our annuity clients as individuals, which is why we deal with every case on a one-to-one individual basis. Did you know for instance that your income may increase if you have had certain health problems such as high blood pressure, high cholesterol or asthma? This is also true for smokers and for those who have worked in certain occupations.
Visit Annuity Office Financial Services Register Number 483817