Guaranteed Annuities

An annuity is a guarantee from an insurer that they will pay you an income for the rest of your life. In effect they insure you against a very long life and running out of income. This means that the funds of those who die early are allocated to those who survive - the so called mortality cross subsidy.

There are a large number of providers in this market and we do have access to rates that are not generally available. As a leading specialist in this market providers will often trial rates with us before putting them onto general release.

It is important for you to consider the various options available to you. These include the ability to have a lower starting pension that increases each year, inclusion of a partner's pension and the availability of a minimum guaranteed return if you die early. Our quote facility on this site allows you to run up to six alternative bases at any time so you can quickly familiarise yourself with the various options.

Increasingly providers are seeking to assess your life expectancy as accurately as possible. This can be done in a variety of ways but the most common are to give higher rates for certain post code areas and for those suffering from a medical and lifestyle condition. Any conversation with one of our specialists will result in a discussion about your health and lifestyle to ensure we have all the facts to obtain the best possible rate.

Perhaps the most important part of our service is looking at your existing arrangements and checking for guaranteed rates. These can often be much higher than those generally available and if they are we will tell you.