Annuities and Retirement Options

Annuities and Retirement Options

Transferring out of a Final Salary scheme is unlikely to be in the best interests of most people.

The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.

Annuities and Retirement Options

There are many income and investment options to consider when it comes to planning for your retirement and you need to consider all those which are available to you.

If you’ve spent years saving for your retirement you need to decide how you will use your pension fund to support your lifestyle whilst providing security and flexibility. Accepting what your pension provider offers may be the simple option but not right for you.

What is an annuity?

An annuity converts the money in your pension pot into a guaranteed retirement income for life. Depending on your lifestyle and medical history, you may qualify for an enhanced annuity, which provides you with an increased income.

How Pensionlite can help?

To find out more about annuities and retirement options you can contact our expert team of advisers. They will provide you with advice and recommendations in an easy to understand format based on your own personal plans, the options available and your unique needs and circumstances.

We will communicate with you by post, email, text and telephone as well as face to face and at your convenience. Your own adviser will be available, on the phone, to answer any questions and address any queries, once you have had time to read your recommendation report and make a note of any questions.