If you have an Aviva Pension and you are nearing retirement looking to purchase a Aviva annuity then you should consider the open market option. 40% of people who shop around on the open market looking for Aviva annuities could qualify for enhanced annuities and could get around 30% more income in retirement.
Do Aviva Pension Annuity Rates have Enhanced Rates?
Aviva do have enhanced rates but they may not necessarily offer them to you. Even if they do offer you an enhanced Aviva annuity rates it is still worth shopping around on the annuitysupermarket to see if you can get better rates than Aviva are offering.
What qualifies for enhanced rates that Aviva Annuities dont?
Things like: Postcode where you live, if you smoke or not and what and how much you smoke, your height and weight, certain medication you take, your alcohol intake each week. If you think you may qualify then one of advisers can take your details and check if you qualify. If you use the open market option then you can find the best annuity rates for your circumstances, do not just accept that Aviva annuities are the best.
With annuity rates the lowest they have been for decades it pays to make sure you check if the Aviva annuity rate you are offered can be bettered on the open market.