Secure best annuity rates – use an annuity adviser
Using an annuity adviser when considering your purchase of an annuity is always a wise strategy. Annuity advisers are there to offer expert advice on a purchase that will largely dictate your standard of living in retirement, and have a major influence on your lifestyle for the last 2, or even 3, decades of your life.
The process of having annuities explained by a qualified annuity adviser will ensure, not only that you understand the various types of annuity that are available, but that you have the possibility to make an annuity rates comparison to get the best deal, once you have identified the type of annuity best suited to you.
This annuity advice will be based on looking at the whole market, to find the best type of annuity for you.
Annuity advisers can, for example, explain how a guaranteed annuity can give an income not only to you, but also to your spouse, after you die.
Independent annuities advice will also make you aware of certain special annuities that offer better incomes to those in imperfect health. Smokers or those with certain health conditions, such as high blood pressure or cholesterol, can secure a higher income by obtaining an enhanced annuity, for example, while those with more serious illnesses may benefit from obtaining an impaired life annuity.
For independent annuities advice, speak to a Principle First annuities adviser on 0800 678 5929 now, or make an annuities enquiry here.
Why use an independent annuity adviser?
The best way to answer this question is to look at what may happen if you opt not to.
You may choose to follow the many pension savers who simply accept the advice on annuities offered to them by their pension provider. However, the annuities advice you will receive from your existing pensions company will, obviously, focus on their own range of products. It will not take the whole of market approach that independent annuity advisers can use, to compare all the annuities available to you.
Taking independent advice is not simply an option – you have a guaranteed right to seek out the best annuity rates, by taking advice on annuities and annuity quotes from an independent source. This right is known as your ‘open market option’ or OMO.
To access the whole market by using your OMO, only an independent annuity adviser, such as Principle First, can help.
Does independent advice on annuities sound right for you? Contact a Principle First annuity adviser on 0800 678 5929 now, or make an annuities enquiry here.
