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 News


Pensions and Annuities Research:

Select Committee on European Union Minutes of Evidence

Unisex Annuities

Appendix A1. To estimate the impact of compulsory unisex annuities, the PPI has: — Defined a number of individuals with income characteristics representative of recently-retired pensioners. There are six types of individuals considered: — Single women. — Single men. — Couples who have purchased a single life annuity. — Couples who have purchased a joint life annuity. — Widows who have income from a joint life annuity. — Widows who have income from a joint life annuity, but before the switch to compulsory unisex annuities had income from a partner's single-life annuity. For each group, there are examples representing the highest, middle and lowest quintile[11] of incomes. — Identified the possible amount of annuity income within the total income of each of these individuals. The annuity income is that separately identified as personal pension income plus a high-end estimate of the occupational pension income that is from Defined Contribution rather than Defined Benefit schemes. — Re-calculated the annuity income on the basis of introducing unisex annuity rates now to the recent-retirees. Two scenarios are used for the new unisex rates, as described in the last chapter. The first is that in a competitive market rates should settle one-quarter of the way between female and male rates. The second (producing lower income) is that the buyer does not have the opportunity to shop around for a competitive rate, and the actual rate obtained is no better than current female rates. — Re-calculated total retirement income with the new annuity amounts, and compared it to that before the change to compulsory unisex annuity pricing for the different types of pensioner. — Estimated how many pensioners could be affected now by how much as a result of compulsory unisex annuity pricing. This has been done by estimating how many pensioners there are of each type in the current recently-retired population. This is not likely to change significantly in the near-term. — Estimated the possible impact of compulsory annuity pricing in future. This reflects any expected changes in the numbers of pensioners of each type, and the relative importance of annuity income, especially because of the trend away from Defined Benefit occupational schemes and the rise of Defined Contribution schemes. A2. The estimates produced show the impact on people with a broad range of levels of annuity income and total retirement income. Some pensioners will be in more extreme situations than those represented (such as a very large annuity income but little other income), and may see a greater change in retirement income than that shown in the examples. Others will have less annuity income, and so see smaller changes in retirement income. However, the examples are likely to cover the vast majority of annuity purchasers. PPI ANALYSIS SUGGESTS THAT MORE PEOPLE COULD LOSE FROM THE SWITCH TO UNISEX ANNUITY RATES THAN WOULD GAIN A3. A move to a unisex annuity regime is unlikely to bring about a significant change in retirement income for most pensioners. Specifically: — Fewer than one-quarter of pensioners would see any change to their retirement income. — More than three times as many pensioners could see a lower retirement income as benefit from a higher one. — The average gains and losses would be small. FEWER THAN ONE-QUARTER OF PENSIONERS HAVE AN ANNUITY A4. 15 per cent of recently retired pensioners already have income from annuities. A further five per cent may have annuities from occupational pensions. However, annuities don't have to be purchased until age 75, so there will be some pensioners who don't have annuity income yet but will have in the future. By the time all of today's recently retired pensioners reach age 75, one-quarter of them may have bought an annuity. The remainder don't have personal pensions or income from a Defined Contribution scheme. MOST SINGLE WOMEN PENSIONERS WITH ANNUITIES COULD SEE RETIREMENT INCOME INCREASE BY LESS THAN THREE PER CENT A5. Single women pensioners gain from the switch to unisex annuity rates, while single male pensioners lose out. But twice as many single men have income from annuities as single women. PENSIONER COUPLES COULD HAVE RETIREMENT INCOME UP TO THREE PER CENT LOWER A6. Couples are more likely to have more income from personal pensions than single pensioners. And[12] in 80 per cent of couples with annuity income it is the husband who buys the annuity. A7. However, as with single pensioners, most pensioner couples could see small changes in retirement income, often less than 2 per cent. Only the richest pensioner couples, with the largest annuities worth more than £250 a week could see retirement income changing by three per cent. This would require a pension fund of £190,000, in the highest one per cent of pension funds. COUPLES BUYING JOINT-LIFE ANNUITIES COULD SEE SMALLER CHANGES IN THEIR RETIREMENT INCOME, OF UP TO ONE PER CENT A8. Widows could see retirement incomes fall by around one per cent. Widows receiving income from a unisex joint life annuity could see a reduction in total income of around one per cent compared to the income from a joint life annuity before compulsory unisex annuities. A9. If compulsory unisex rates led to the husband buying a joint life annuity rather than a single life annuity, then the widow's income could be up to one-quarter higher. However, their initial income as a couple would have been between five per cent and 10 per cent lower. Given this initial drop in income for the pensioner couple, it is unlikely that a change to unisex annuities would, by itself, lead to a significant change in the proportion of joint-life annuities bought. EVEN THOUGH ANNUITIES WILL BECOME MORE WIDESPREAD IN FUTURE, THE PATTERN OF BENEFITS AND LOSSES WILL REMAIN A10. Annuities are expected to become a more important part of retirement income for more people in future. One-third of recently retired pensioners may have annuity income in 10 years time, compared to one-quarter today. However, the extent of this is not so great as to make annuity income a very much bigger part of total retirement income for most people. A11. There are a number of factors that will determine the pattern of annuity purchase in the future: — The total amount of annuity income bought is expected to increase 10 per cent a year over the next 10 years. This is largely due to a combination of a larger number of people retiring (as the baby-boom generation reach their 60s) and the availability of personal pensions after their introduction in 1988. — The number of people purchasing a pension annuity could increase to around 400,000 per year by 2012. In 2002 around 250,000 people purchased an annuity. — One-third of people with personal pensions likely to be retiring in the next 10 years are women. There could therefore be between 100,000 and 150,000 women a year buying annuities by 2012, compared to between 50,000 and 100,000 today. One-third of people buying an annuity are likely to be women, as compared to one-quarter today. — Only 10 per cent of women likely to retire in the next 10 years currently have personal pensions. It will still be the case that a minority of women pensioners buy an annuity. Almost twice as many are likely to rely on a partner's annuity. A12. Most annuity income is currently derived from personal pensions. Most occupational pension income is from Defined Benefit (DB) schemes and so not explicitly provided through an annuity. A13. It will take a number of years for the change in employer schemes from DB to Defined Contribution (DC) to feed through into a large number of workers being in a DC scheme. In 2000, less than 10 per cent of occupational pension scheme active members (0.9 million) belonged to a Defined Contribution arrangement. A14. As DB schemes generally are closing only for new entrants (most likely to be younger workers) but staying open for continuing employees (most likely to be older workers) it will take even longer for this to feed through in to a substantial proportion of overall retirement income. A15. In 20 years time annuity income may have a larger influence on retirement income. If trends in occupational pension provision continue, a majority of occupational pensioners may eventually have at least part of their occupational pension income from an annuity. A16. However, the impact on retirement income from a change to unisex annuities is still likely to be small. A large proportion of retirement income is still likely to be provided by the State. Even if all retirement income other than State pension income were derived from annuities (a massive overstatement of the likely reality) the richest women pensioners might only gain nine per cent in retirement income, and the richest men pensioners might lose one per cent. As today, most men and women would see a much smaller change in their retirement income. 29 April 2004 © Parliamentary Copyright 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