Your pension represents a lifetime of hard work – so as you start looking to retirement, it’s important to make sure you’re getting the best possible income for the coming years.
A pension annuity is effectively a contract you purchase from an insurance company to provide you with an income for the rest of your life in exchange for your pension savings. Over half of people who purchase an annuity simply buy it from their pension provider.
However, by failing to shop around for the best deal, you could be losing out on £1,000s in income every year for the rest of your life.
Exploring the annuity market can be a complex and time consuming experience. At Compare Annuities we can put you in touch with an unbiased annuities specialist who will help you to find you the best quotes from all the major annuity providers at no cost and with no obligation to buy.