There is an industry campaign to encourage the nearly retired to shop around for their retirement annuity. The best deal is not necessarily with the Insurance Company with which you have saved with. If you appoint PML Financial Services we will provide you with options suited to your needs.
In most cases the retirement annuity you have been quoted can be bettered, particularly if you qualify for an enhanced annuity. For further information please see this link from the Money Advice Service link and consider the following 3 questions, the answers to which may qualify you for an enhanced retirement annuity:
- Do you smoke?
- Are you currently taking prescribed medicine?
- Have you ever been hospitalised due to a serious medical condition?