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.
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


ANNUITIES: Annuities Tax


Pensions and Annuities Research:

> PAYE for employers > Payroll, calculations and form filling > Pension payments and PAYE > PAYE for pension and annuity payments - 

Special Situations Paye For Pension And Annuity Payments

This guide outlines the steps HM Revenue & Customs (HMRC) requires you to take when making pension (including annuity) payments in specific situations, such as making 'trivial commutation' payments, paying more than one pension to an individual and suspending pension payments if you’re unable to track down its recipient. For more general guidance on pension payments – including sending starting notifications to HMRC and making sure you use the correct tax code on payments – follow the link in the 'More useful links' section to the guide 'PAYE for pension and annuity payments'. PAYE for pension and annuity payments: On this page: Making a trivial commutation payment Paying more than one pension to an individual Paying pension arrears in a lump sum Making payments under an ‘income drawdown’ arrangement If you award a pension following work-related disability If you can’t trace a pension recipient Pension payments to a recipient who lives or moves abroad Making a trivial commutation payment A trivial commutation pension payment is a one-off lump sum that pays off a pension in full, so that there’s no need to make the usual weekly, monthly or annual payments. Typically, these one-off payments are used if the regular payments would be very small. If you’ve already made standard payments from the pension before making the trivial commutation payment: for PAYE tax and National Insurance contributions (NICs) purposes, treat the trivial commutation payment in the same way as the earlier pension payments complete a form P45 to reflect the fact that the pension will have been paid off in full – the P45 should take into account the regular payments you’ve made as well as the trivial commutation payment send P45 Part 1 to HMRC (remember you must file online if you have 50 or more employees); give Parts 1A, 2 and 3 to the pension recipient If the trivial commutation payment is the first and only payment from the pension: there is no need to submit a form P46 (Pen) as is usually required when you start to pay a new pension use the emergency tax code on a week 1/month 1 basis when putting the trivial commutation payment through your payroll complete a form P45 – use the date of payment as both the starting and leaving date send P45 Part 1 to HMRC (remember you must file online if you have 50 or more employees); give Parts 1A, 2 and 3 to the pension recipient To read more about filing forms P45 and P46 online follow the link below File your PAYE in-year forms online: P45, P46, etc Paying more than one pension to an individual If the pensions are merged from the outset If you add the multiple pensions together so that you make just one payment to the recipient: send only one starting notification to HMRC follow the usual payroll procedures for pension payments (see below) there’s no need for a further starting notification if you subsequently add a further new pension into your merged payment to the recipient don’t complete a P45 if one of the pensions ceases but others continue Guidance on starting notifications and payroll procedures is contained in the separate guide 'PAYE for pensions and annuity payments' - follow the link at the end of this section. If you pay the pensions separately If you pay each pension separately, then you must complete a separate starting notification and make sure you use the correct tax code for each. For guidance, follow the link at the end of this section. Merging pensions that were previously separate If you merge into one payment two or more pensions that you were previously paying separately, you must complete and file a form P45 Part 1 for each pension that you’ll no longer be paying in its own right. (Remember that form P45 must be filed online if you have 50 or more employees.) PAYE for pension and annuity payments Paying pension arrears in a lump sum You must deduct PAYE tax through your payroll from any lump-sum payments of pension arrears that you make. Do this in the same way as for normal pension payments – for more information follow the link at the end of this section. However, tax is actually due on the amount of pension that recipients are entitled to receive each tax year, not the amount they receive. This can cause complications if you have to make a lump-sum payment of pension arrears that span a number of tax years. The recipient may end up paying more tax than if the payment had been spread over the years to which it relates - higher tax rates might have come into force in the meantime and the recipient may lose the benefit of allowances that would have applied in the earlier years. Where a pension recipient has been disadvantaged in this way and they contact HMRC, HMRC will recalculate their tax liability as if the lump-sum arrears had been spread over the relevant years. PAYE for pension and annuity payments Making payments under an 'Income Drawdown' arrangement Income Drawdown is a facility that allows individuals to defer purchase of an annuity from their pension provider, and to receive an income from their pension fund instead. If you make payments to an individual under an Income Drawdown arrangement, HMRC will treat them in the same way as standard pension payments. So, when you make the first drawdown payment: complete and file a form P46 (Pen) to HMRC – send it online if you have 50 or more employees if you know the employee’s tax code for the current year, use it when operating PAYE on the payments otherwise, use the emergency tax code on a week 1/month 1 basis More about filing form P46 online If you award a pension following work-related disability If a pension has been awarded to an employee because of a work-related disability and if payments are made from a scheme registered with HMRC then: you must deduct PAYE tax from any payments you make from the scheme you don’t need to deduct or pay any Class 1 NICs on the payments If the payments are made from any other source including an unregistered pension scheme, then the payments may be wholly or partly exempt from tax and National Insurance. Contact the Employer Helpline on Tel 08457 143 143 for advice before making payments in these circumstances. If you can’t trace a pension recipient If you have to suspend your pension payments to a pension recipient because you can’t locate them, you should inform HMRC. If suspending your pension payments involves cancelling the recipient’s pension until you relocate them, then send HMRC a form P45 Part 1 entering 'nil' in the pay and tax boxes. (Remember you must file form P45 online if you have 50 or more employees.) If you subsequently trace the pension recipient, inform HMRC before resuming payments to them. This is to allow HMRC to reinstate the recipient’s pension record. Pension payments to a recipient who lives or moves abroad It is the pension recipient’s responsibility to inform HMRC when they move overseas (and again if they move back to the UK). You should continue to make your pension payments to the recipient in the same way as if they lived in the UK. ?©Crown Copyright Keywords: Pension, Annuities, Annuity, Pensions, Annuities Tax 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