Annuity Purchase

Pension Annuity Purchase at Retirement

Retirement can be a time of mixed emotions. For many people it can be an unsettling time whilst others embrace the freedom and opportunity that retirement brings. Either way it is vital that you are guided through the myriad of choices to ensure you choose the correct option for you at retirement, thus ensuring you maximise your income and secure your long term financial future.

Here at Verity Wealth Management we specialise in helping all clients (both new and existing) obtain the best possible and most suitable annuity rates at retirement, which may not incidentally come from your existing pension provider.

Your Annuity Purchase is one of your Life’s major financial decisions and one you do not want to get wrong; once the annuity purchase is made, the income you receive from the option selected is with you for the remainder of your life.

Many people are unaware that they can choose their annuity provider at retirement by utilising their “Open Market Option” this allows us to shop around on your behalf to see if a better alternative income is available to you when compared to the pension your existing provider is currently offering. Depending upon your current lifestyle and health situation, increased annuity payments are available for many reasons, these can include; smoking, whether or not you have previously been in hospital, or even depending on any prescription drugs you may currently be taking or have taken in the past.

Even if you do not have any medical conditions it is still possible that better annuity rates can be obtained by shopping around and using an Independent Financial Adviser to research this on your behalf.

The value of an investment and income from it may fluctuate with investment returns and is not guaranteed and you may not get back the full amount invested.

As Independent Financial Advisers, we have access to a wealth of research from many various sources. By using our extensive knowledge of the Retirement Income market place; we may be able to increase your pension annuity income in retirement by obtaining a better pension income through changing provider or even staying with your current provider but providing them with additional information in order to assess your individual circumstances.

You have nothing to lose and everything to gain, why not call Verity Wealth Management to see what we can do to increase your pension annuity.

Contact us to discuss the possibility of increasing your pension income in retirement

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The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.

The Financial Conduct Authority does not regulate taxation and trust advice.

Verity Wealth Management LLP. Registered office and Postal address: Suite 11, The Hub, New Century House, Crowther Road, Washington, Tyne and Wear, NE38 0AQ
Verity Wealth Management LLP is authorised and regulated by the Financial Conduct Authority
Verity Wealth Management LLP is a Limited Liability Partnership

Tel: 0191 516 6353.  Email: office@veritywm.co.uk

Registered in England Number: OC342327 - We are entered on the Financial Services Register No 618523