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


AEGON launches a new third-way income solution for customers at retirement

AEGON Secure Lifetime Income meets the income needs of customers in a volatile market

Guarantees a minimum age-related income of between 3.5% and 5% of original investment each year for life

Annual ‘income escalator’ feature that has the potential to increase the guaranteed lifetime income

Valuable guaranteed minimum inheritance benefit

Control of assets – customer has access to remaining capital at any time

Supported by AEGON’s global expertise in the variable annuity market

AEGON is launching a new variable annuity investment product aimed at the pre– and at– retirement market which represents a new development in the UK variable annuity market.

Customers approaching retirement in the UK now have a ‘third-way’ option of securing a competitive guaranteed income that can rise over time, whilst also benefiting from investment flexibility, access to capital and potential inheritance benefits they can pass on to their estate.

Due to current high equity volatility and historically low interest rates, people are increasingly looking for products that will provide absolute guarantees on income in their retirement years.

Research recently undertaken by AEGON* clearly shows that there is a considerable appetite for variable annuities, and the valuable guarantees they provide. 90% of people approaching retirement said they value guarantees. Nearly 60% of respondents said they were most likely to choose a product that provides a minimum guaranteed income for life. 35% of those surveyed said they were more likely to consider a variable annuity type product in the current financial climate.

AEGON Secure Lifetime Income, available from 29 June 2009 aims to meet these customer needs. It offers customers a guaranteed minimum income of between 3.5% and 5% of their original investment from age 60, with the added benefit of allowing them to easily access their remaining capital at any time, should they require this. At the initial levels, the income will be tax-free for life.

The income level is dependent on the age of the customer when they start taking income. Those taking income from age 60 will receive a guaranteed minimum lifetime income of 3.5% of original investment. Customers taking income from age 65 will receive 4%. Those taking income from age 70 will receive 4.5% and customers who start taking income at 75 will receive a guaranteed minimum income of 5% of their original investment for the remainder of their life. These guarantees are absolute minimums and have the potential to grow in line with underlying investment performance.

AEGON Secure Lifetime Income bridges the gap between the guaranteed income of a purchased life annuity and the flexibility of an investment bond. AEGON believes this type of product should be a key component of people’s retirement portfolios, alongside annuities and investments.

In addition to the lifetime income guarantees, AEGON Secure Lifetime Income also provides the potential for growth in both income and capital. At each policy anniversary, any investment growth is measured. If the cash-in value is greater than that measured at a previous policy anniversary, this will increase the guaranteed income for the customer, in line with the growth achieved. There is no cap on the growth potential. If, on the other hand, the cash-in value has fallen from a previous anniversary, the guaranteed income won't reduce. AEGON Secure Lifetime Income also offers an inheritance benefit of 100.1% of the cash-in value or the original premium less any withdrawals – whichever is the greater.

There is a wide range of investments available from nearly 70 funds, covering all asset classes from some of the leading fund managers. The annual management charge starts at 0.75% a year.

Gordon Greig, Head of Individual Marketing at AEGON says:

“A guaranteed income is more important than ever for people as they approach retirement, given current low interest rates and stockmarket volatility. But the next generation of retirees are looking for more. AEGON Secure Lifetime Income also offers control over where money is invested, the potential to benefit from stockmarket growth, and access to capital.

“This is a powerful combination and our new approach represents an important development in the UK variable annuity market. Our research shows that increasing numbers of advisers and their customers are recognising the benefits of the new ‘third way’ products. AEGON has led the way in this market since 2006, and we believe our new product will be an attractive choice for customers approaching retirement in the current environment.”

* AEGON commissioned Tickbox.net and Opinion Matters to ask people over the age of 45 their opinions and attitudes towards guarantees. The research surveyed 1,008 people between 27 May 2009 and 9 June 2009.

AEGON Secure Lifetime Income is a guaranteed minimum lifetime withdrawal benefit. Income paid is created from the initial investment made. If additional withdrawals are taken this will reduce future income payments and death benefits.

Income can only be taken from AEGON Secure Lifetime Income at or after age 60

Minimum age at entry is 45 and the maximum is 79.

Minimum single premium investment is £15,000. Maximum investment is £1m.

The guaranteed income payable from AEGON Secure Lifetime Income is within  “Capital Content” limits. Therefore if the income levels don't breach these limits, income will remain tax-free for life. If the income exceeds the capital content levels due to the income escalator feature, customers may be subject to tax at their nominal rate on the amount in excess of the capital content limit. For instance, the capital content limit for a 60 year old male is 4.1%. If the guaranteed income increases to 5% for example, the customer would be liable to tax at their nominal rate on 0.9% of their income. The capital content levels vary depending on the age of the customer when income payments commence and their gender.

The guaranteed minimum inheritance benefit is the higher of

The total contributions paid less the total withdrawals taken or

100.1% of the surrender value of your plan

There is an explicit charge for the guarantees. This is dependent on the equity content of the investment. For:

20% equity content, there is a guarantee charge of 0.4% a year
30% equity content, there is a guarantee charge of 0.7% a year
40% equity content, there is a guarantee charge of 1.0% a year
50% equity content, there is a guarantee charge of 1.3% a year

The only circumstance in which the guarantee wouldn’t apply is if AEGON Scottish Equitable International plc failed. In this unlikely event, the benefits from the plan may be affected.

There is an establishment charge which is applied to pay for commission taken. The maximum establishment charge is 6.25%. Assuming full commission is taken, and a customer cashes in their plan in the first year, a cash-in penalty of 6.25% will apply. This reduces by 1.25% to zero over five years.

The annual management charge depends on the investment chosen by the customer and the adviser. The minimum annual management charge is 0.75% a year.

AEGON is one of the world’s leading insurance groups with approximately 31 thousand employees world-wide and 40 million customers in the Americas, Europe and Asia. AEGON's revenue generating assets totalled EUR 334 billion at 31 March, 2009.

In the UK AEGON offers pensions, life insurance, asset management and financial advice to around 2 million customers. AEGON UK has assets under administration of £44.2 billion and employs over 4,900 staff.

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