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, Annuities Taxation


Pensions and Annuities Tax Research:

Pensioners > Passing on your money and property > 

Tax on a pension you pass on or inherit Tax on a pension you pass on or inherit

If you want to include a pension in your will, or if you get a pension from someone who has died, there may or may not be tax to pay, depending on the individual circumstances and the type of pension/s involved. On this page: Death Benefits from a State Pension Death benefits from a company, personal or stakeholder pension Tax on death benefits from a company pension Tax on death benefits from a personal or stakeholder pension Death Benefits from a State Pension Your basic State Pension is paid only to you, and can't normally be passed on to someone else when you die. However, if you chose to put off receiving your State Pension when you reached State Pension age (deferral), your partner or family may be entitled to some of your State Pension benefits. If you have contributed towards an additional State Pension - formerly known as the State Earnings-Related Pension Scheme (SERPS) or State Second Pension and you die, your spouse or civil partner can get some of this additional pension. What happens to your State Pension when you die - Directgov website (Opens new window) Tax if you pass on the State Pension/Additional State Pension There are no Inheritance Tax consequences of passing on a State Pension or additional State Pension (formerly SERPS). Tax on death benefits received from the State Pension/additional State Pension Any pension income that you get from someone who has died will be calculated as part of your taxable income in retirement. Do you have to pay tax in retirement? Taxable and non-taxable income at a glance Do you need to complete a tax return? Death benefits from a company, personal or stakeholder pension Depending on your pension rules, a number of benefits may be payable when you die, including: a return of your contributions a lump sum a pension for your spouse, civil partner or another dependant If a lump sum is payable and you don't nominate someone to get it when you die it falls into your estate and will be liable to Inheritance Tax. Other tax liabilities are summarised below. Tax on death benefits from a company pension If you die before starting to draw your company pension Most company pensions provide for a 'Death-in-Service' benefit, similar to a life assurance policy. This means that if you die before starting to draw your company pension a lump sum is paid to a chosen person (known as the 'beneficiary'). The money can be paid free of Income Tax if it does not exceed the pension holder's available 'Lifetime Allowance' (£1.75 million in tax year 2009-10). Any excess above the Lifetime Allowance is subject to the Lifetime Allowance tax charge of 55 per cent of the excess amount. This tax is paid by the beneficiary. Death benefits can also be provided in the form of dependants' pensions which can be paid if you die in service. Any such pension income counts as taxable income for the beneficiary. Read more about the Lifetime Allowance on the Directgov website (Opens new window) If you die after you start to draw your company pension, but before age 75 If you die after you start to draw your company pension, but before age 75 any pension protection or annuity protection lump sum death benefit paid following your death will be taxed at a special lump sum death benefits Income Tax rate of 35 per cent. This tax would be payable by the scheme administrator. If a dependant's pension is provided this counts as taxable income for that dependant. If you die after you start to draw your company pension, but on or after age 75 If an annuity is purchased which provides for a dependant's pension this will be taxed as income in the normal way. For tax in the case of Alternatively Secured Pensions (ASPs) please see the later section on alternatively secured pensions. Tax on death benefits from a personal or stakeholder pension If you die before age 75 and before taking any benefits If you die before age 75 and before taking any benefits, the death benefits are normally paid as a lump sum which usually consists of the return of the pension fund together with the proceeds of any life assurance. If the amount of the lump sum paid exceeds the Lifetime Allowance (£1.75 million in tax year 2009-10) the excess is taxed at 55 per cent and the beneficiary has to pay this. Death benefits can also be used to provide dependants' pensions instead of being taken as a lump sum. If a dependant's pension is provided this counts as taxable income for that dependant. If you die before age 75 but after taking benefits If you die before age 75 but after taking benefits any death benefits payable as pension income to a dependant would be taxed as income in the normal way. If the pension scheme provided for a lump sum payment this would be subject to the special lump sum death benefits Income Tax charge of 35 per cent mentioned above - payable by the scheme administrator. If you die after you start to draw your personal pension, but on or after age 75 If an annuity is purchased which provides for a dependants' pension this will be taxed as income in the normal way. For tax in the case of an alternatively secured pension see the section below. More about death benefits of personal or stakeholder pensions on the pensions advisory service website (Opens new window) Tax on death benefits from 'Alternatively Secured Pensions' (ASPs) alternatively secured pensions have been available since 6 April 2006 as an alternative to buying an annuity by age 75. Now, instead of buying an annuity at age 75, you can continue to invest your pension savings and draw an income from your fund within laid down limits as agreed in the terms of the alternatively secured pension. This income is taxable as pensions income in the normal way. For deaths on or after 6 April 2007 there is usually no tax liability on any remaining alternatively secured pension funds if they are used to provide dependants' pensions or if they are given to charity because there are no dependants. However the dependant's pension would be subject to Income Tax in the normal way. However, if any of those funds are used for inheritance instead (for example, to pass on unused capital on death to other scheme members, such as children and grandchildren) they will be subject to Income Tax charges of up 70 per cent - some payable by the recipient of the 'inherited' funds and some payable by the scheme administrator. The funds may also be subject to Inheritance Tax. Any Inheritance Tax charged will be calculated after the nil-rate band has been set against the estate of the deceased excluding alternatively secured pension funds. In cases where there is an amount of nil-rate band available to set off against the alternatively secured pension funds, special Inheritance Tax rules will apply. ?©Crown Copyright Keywords: Pension, Annuities, Annuity, Pensions, Annuities Tax, Taxation 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