by hollyelaine | Apr 2, 2020 | Archive
Variable Annuities Variable Rate Annuity - What is it? This is an annuity which is linked to the performance of investments. It is attractive to retirees as it can mean a potential increase in income each year, as the performance of their investment improves. This...
by hollyelaine | Apr 2, 2020 | Archive
Investment Linked and With Profit Annuities What are ‘Profit & Investment (Unit) Linked Annuities’? As well as a ‘Conventional Pension Annuity’ you can also purchase an ‘Investment Linked’ or ‘With Profits’ Pension...
by hollyelaine | Apr 2, 2020 | Archive
Enhanced and Impaired Annuities There is a possibility that you may be entitled to purchase a Pension Annuity at higher than the standard rate because of your personal health or lifestyle considerations. There are over 1,000 medical and lifestyle conditions that may...
by hollyelaine | Apr 2, 2020 | Archive
Conventional Annuities A Lifetime or ‘Conventional Annuity’ is calculated for you personally, at a fixed rate. However it is possible for you to add extra benefits to the plan. For example: Income for Spouse or Civil Partner Increase payments by inflation...
by hollyelaine | Apr 2, 2020 | Archive
Open Market Option When the time comes to consider how best to access the funds that are available in your pension, your current pension provider will usually offer you a Pension Lifetime Annuity. However, unless you are perfectly happy to, you are not obliged to...
