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:

Guaranteed Alternatively Secured Pensions (ASPs)

Mr. Osborne: I asked another question about guaranteed alternatively secured pensions and whether the 70 per cent. is calculated against the annuity of the person who died or the one who survived. Ruth Kelly: It is the dependant's income. Mr. Osborne: That is useful. This has been a useful debate on a brand new concept from the Government. There is a difference between us as to how widely this provision will be taken up and how attractive an option it is, and so on, and there is a disagreement about what percentage of equivalent annuity people could take. I suspect that future Finance Bill Committees, on which all Committee members may be privileged enough to sit, will return to this subject time and again, but I beg to ask leave to withdraw the amendment. Amendment, by leave, withdrawn. Mr. Osborne: I beg to move amendment No. 333, in clause 155, page 139, line 46, at end insert— 'Pension rule 7 Notwithstanding anything to the contrary in the above pension rules, unsecured pension may be paid to a member who has reached the age of 75 in respect of a money purchase arrangement except in prescribed circumstances.'. The Chairman: With this it will be convenient to discuss the following amendments: No. 335, in clause 157, page 141, line 25, at end insert— 'Pension death benefit rule 6 Notwithstanding anything to the contrary in the above pension death benefit rules, dependant's unsecured pension may be paid to a dependant who has reached the age of 80 in respect of a money purchase arrangement except in prescribed circumstances.'. No. 339, in schedule 28, page 423, line 1, leave out 'and ends before the member reaches the age of 75'. No. 340, in schedule 28, page 423, line 9, after '75', insert 'or if the member has reached that age except in prescribed circumstances'. No. 341, in schedule 28, page 423, line 13, at beginning insert 'in prescribed circumstances and'. No. 342, in schedule 28, page 423, line 24, at beginning insert 'In prescribed circumstances'. No. 343, in schedule 28, page 423, line 41, after 'reaches', insert 'in prescribed circumstances'. No. 344, in schedule 28, page 428, line 3, leave out 'and ends before the member reaches the age of 75 or dies'. No. 345, in schedule 28, page 428, line 11, after '75', insert Column Number: 487 'or if the member has reached that age except in prescribed circumstances'. No. 346, in schedule 28, page 428, line 15, at beginning insert 'in prescribed circumstances'. No. 347, in schedule 28, page 428, line 34, after 'reaches', insert 'in prescribed circumstances'. No. 331, in clause 270, page 220, line 34, at end insert 'except that with effect from the date on which this Act receives Royal Assent no member of any pension scheme described in sub-paragraphs (a) to (g) of paragraph 1(1) to Schedule 34 will be required to buy an annuity on reaching any age and such a member may instead elect for income withdrawal (and Chapter 3 and Schedules 28 and 29 will have effect accordingly in such cases with effect from 6 April 2004).'. Mr. Osborne: This is my third attempt to deal with annuities today, and I have to confess that it is not particularly elegant, because we could not be bothered to draft lengthy amendments that would remove the requirement lock, stock and barrel, as my hon. Friend said, to get an annuity at 75, notwithstanding the debate that we have just had about alternatively secured incomes. It is inelegant because we simply included a catch-all new rule, saying: ''Notwithstanding anything to the contrary in the above,'' someone over 75 can have an unsecured pension. In other words, they don't have to buy an annuity. As I was going through it late last night, I discovered a couple of inconsistencies, which were partly the result of our assuming, perhaps over-optimistically, that our point on age 80 would be accepted—it was not—and that we would manage to simplify the Bill by merging pension rules 4 and 6, which we failed to do. With those apologies to the Committee, let me briefly run through the broad annuity argument. As I said, we have already heard it in a couple of forms today. It has been advanced not just by Opposition Members in a series of private Member's Bills but is also supported by, among others, the right hon. Member for Birkenhead (Mr. Field), who was appointed the day after the general election in 1997 to be the great pensions and welfare guru. I sometimes think that the Labour party wants to forget that fact, but those of us who were watching TV at the time and had had our 10 Downing street passes rudely confiscated at about 3 in the morning saw that, along with the appointment of the new Cabinet, there was also the appointment of a Minister of State, the right hon. Member for Birkenhead. A great deal was made of it at the time. Actually, more was made of it than of any Cabinet appointment. Of course, he subsequently fell out of favour with the Government for telling them some blunt truths and, as the hon. Member for Yeovil (Mr. Laws) reminds us, he fell out of favour with the Chancellor. The right hon. Member for Birkenhead supports the removal of the requirement to buy an annuity. I shall not detain the Committee with the basic argument, which we have already heard at length. Is not it time that the House of Commons and the Government recognised that people who have been Column Number: 488 responsible enough to save for their pension during their lifetime should be trusted to choose the method of funding their retirement that suits them best? Rob Marris: Can the hon. Gentleman tell the Committee exactly how much that would cost in forgone tax revenue? Mr. Osborne: I don't think that it would cost anything in forgone tax revenue. This goes to one of the points that I made earlier about the inelegance of the amendment, which I freely accept. In previous attempts, efforts were made to guarantee the position of the Exchequer by, for example, requiring people to take out an annuity that would cover the minimum pension income, so there would be no cost to the Exchequer. In the Bill, the Government have tried to move away from the blanket requirement to purchase one kind of annuity at age 75, not just with alternatively secured income but also with short-term and value-protected annuities, thereby undermining many of their arguments against removing the requirement for compulsory annuitisation. The Government argue that the measure would benefit only a small number of better-off people; we heard some of that in the last debate. For a start, the number of people is growing all the time. The Government say that only one in 20 pensioners would benefit, but the number will rise as more and more people move into money purchase schemes. Moreover, even if the measure were to help only better-off pensioners, that is hardly a knock-down argument, provided that there is no cost to the Exchequer. Schedule 34, which we will debate later, is a lengthy schedule designed to protect people who have more than £1.5 million in their pension pot. The Government have consulted and gone to great lengths to help people who, by any definition, are the wealthiest in society. The Government's second argument is that only annuities provide certainty of income. Of course, Equitable Life has destroyed that argument, as its annuity rates have been savagely cut. Then there is the risk of poor returns from annuities. It is worth reminding ourselves that a £100,000 pension pot that would have provided a £10,000 annuity in 1990 now provides an annuity closer to £4,500. The Government's third argument is that removing some people from the annuity market will undermine the annuities available to the rest of the population. That is something that the Financial Secretary argues occasionally. It is a dubious, socialist argument at the best of times that everyone must be in the pot to help everyone else, but some of the provisions introduced by the Bill will undermine that, including the alternatively secured pension—we disagree on how much take-up there will be of that—short-term annuities, value-protected annuities and so on. The fourth argument is that pensions are not designed to allow people to pass funds down through generations because that is not why tax relief is provided. Again, that is undermined by what the Government are starting to do and by alternatively secured pensions and value-protected annuities. Column Number: 489 The Government have presented an ideological brick wall to any relaxation of the rule about compulsory annuities, and that wall is now cracking with the alternatively secured pension, short-term annuities and value-protected annuities. To paraphrase the late, great Ronald Reagan, it is time to tear down that wall. Ruth Kelly: We have again heard a speech about whether there should be a requirement to take an annuity at the age of 75; I have heard the argument many times. When I first heard it made relatively persuasively by the Opposition and the Retirement Income Reform Campaign, I was persuaded that there was a case to consider and I considered it in great depth. I listened to their representations favourably but decided that it was impossible to accommodate them without severe detriment to 95 per cent. of the population. The argument is not about whether it is possible to accommodate wealthy people in their retirement choices. It is about whether it is possible to accommodate them without doing damage to the 95 per cent. who remain in the previous system. Every proposal that I have heard from the Opposition and outside interests has been framed in such a way that the vast majority of the population would be forced, for the first time, to take out an index-linked annuity at age 65 to enable the top 5 per cent. of the population to have freedom for any surplus income that they may have available above the level which would see them float off means-tested benefits. Requiring the vast majority of the population to take out index-linked annuities at 65 would be a huge restriction on individual choice and would have untold consequences for the gilts market, which could not accommodate people being forced to take out index-linked gilts at 65. © 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