You’ve been grafting hard all your life and have already got a company pension to look forward to, but how can you get a bit more money for you to enjoy your retirement? One thing that anyone approaching the age of retirement should be seriously considering is searching for a pension annuity specialist that will help you achieve your goal. Unfortunately, not every salary based pension scheme is eligible to be transferred to an annuity policy. One thing you will be advised by an expert in lifetime policies is that any applicant needs to pass the GN11 test in order to be allowed to make the switch.
Retire with steady stream of income
Employing the services of an independent pension annuity rates expert such as Origen, one of the UK’s leading financial advisors, will be a wise move. Receiving advice about whether to take out a policy from a well established provider such as Canada life or choosing an open market scheme can be a difficult decision. If you are going to decide on one of the policy options from a reputable pension provider, then you need to think about the different types that are available today. Some of you may have plans on spending the rest of your days in a country with a warmer climate and so may need a lump sum payout to buy property abroad. Norwich union offer a choice of pension plans with competitive payout rates. They also offer professional advice as to which pension plan would be most suitable for you.