Most people take the tax free lump sum before they buy their pension annuity, but is this always the right thing to do? With the exception of final salary pensions, which work to a different set of rules, most pensions allow you to take up to 25% of the fund as a tax free lump [...]
Should I include a guarantee or a spouse’s pension when I buy my pension annuity?
August 30th, 2011 
admin Adding indexation to a pension annuity is the most expensive option to select, but what difference does adding in a guarantee period or a spouse’s pension make? A guarantee period of either five or 10 years means that your pension annuity will continue to be paid should you die early. For example, if you select [...]
Should I include indexation when I buy a pension annuity?
August 30th, 2011 admin It’s a rare day when inflation isn’t in the news. Both RPI (Retail Prices Index) and CPI (Consumer Prices Index) have risen significantly over the past year and show no signs of reducing in the short term. When you buy your pension annuity, the effects of inflation, especially at current levels, must be considered. Most [...]
What decisions do I have to make when I buy a pension annuity?
August 29th, 2011 admin When the time comes to turn your pension into an income, you have a number of options, the most popular of which is a pension annuity, which provides a guaranteed income for the rest of your life. It sounds simple, and at that basic level it is, but when you dig deeper there are a [...]
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Tags: Annuity Quotes, Pension Annuities, Pension Annuity Decisions 
Comments OffWhat types of pension annuity are available?
August 29th, 2011 admin Depending on your requirements, there are a range of pension annuities available for you to choose from when the time comes to retire. The most popular form of pension annuity is a Lifetime Annuity which provides you and your spouse, if this option is selected, with a guaranteed income for life. This type of pension [...]
Posted in Pension Annuities Tags: Pension Annuities, Pension Annuity Types, Types of Pension Annuities Comments Off
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