Comparing annuity rates has never been as important, yet so many people still fail to do so and just take the first offer that comes from their pension provider! But you could actually cost yourself up to £1000 per year by failing to compare annuities.

Why Should You Compare Annuities?

Like any major purchase you make in life, what you can get for your money can vary depending on where you get it from! Your pension fund could equate to different annuity rates from different providers based on your own personal circumstances. In seeking expert annuity advice advice from annuitysupermarket.com, you could stretch your pension fund further. We’ll compare annuities for you and ensure you get the best rates.

What Could Affect My Annuity Rates?

The main things that will affect the annuity rate you get are:-

-          The provider

-          Your gender (most providers offer higher rates to men based on the higher life expectancy for women in the case of many types of annuities).

-          The size of your fund

You could also be one of the 40% of retirees who qualify for enhanced annuities. Many don’t even realise until they seek to compare annuities that they could get higher rates based on a number of factors. These include:-

-          Having an unhealthy BMI

-          Having smoked ten or more cigarettes a day for at least ten years.

-          Regularly exceeding the recommended maximum alcohol intake

-          Being on prescription medication for a pre-existing medical condition

And there are many more qualification criteria too, so you could actually qualify for even higher rates.

Complete the form opposite and one of our annuities experts will contact you to advise about the best annuity rates for you and whether you might qualify for enhanced rates.