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Welcome to the Pension Annuity Advisory Service's information
resource website, created to provide you with a clearer understanding
of your pension options as you approach retirement.
The Pension Annuity Advisory Service is a provider of
specialist independent financial advice to those interested in exploring
their pension options as they near retirement.
As a matter of course, we will endeavour to source the best annuity
rate on the market. We will advise you on the most suitable package
to suit your individual requirements, and note that although the annuity
rate on offer is obviously very important for your future financial
prosperity, it is not the sole consideration, particularly when you
consider the amount of time you are in retirement. Other factors such
as financial strength in particular, need careful consideration.
The Pension Annuity Advisory Service is truly independent and unlike
some of the other companies providing annuity advice, we do not hold
shares in insurance companies, so there is definitley no bias.
Our advice service can be accessed by going to the 'getting started'
menu option. If you're after information on your pension retirement
options, you can simply use the website as a tool to research this complex
subject area (note - you are able to download this website as an acrobat
document to print and read off-line).
Undoubtedly, your annuity choice will be one of the most important decisions
you ever have to make, particularly because annuities cannot be encashed
once they have been purchased, and additionally, you are generally unable
to change the terms of the annuity once purchased.
As you are probably no doubt aware, this subject area is complicated
and cloaked in jargon. As independent financial advisers specialising
in this area, we are here to help you achieve the best possible pension
package for your future retirement.
The annuity you purchase with your pension 'pot' is available from not
just the company where your current personal pension scheme resides,
but also from a wide range of other providers. Critically, these providers
all offer different annuity rates (critically affecting your pension
income) at any one time. The Pension Annuity Advisory Service are able
to source annuities across the marketplace and explain the options available
to you in more detail.
Because everyone's finances are uniquely different, purchasing an annuity
at retirement may not always be the most appropriate solution for you.
There are a wide range of alternatives which can be investigated on
this website.
There are many aspects to consider when buying your pension. It may
be the financial strength of the pension annuity provider, (particularly
important in times of adverse economic conditions), or one of many other
factors. Whatever your needs, we hope that this comprehensive website
will help you to gain a greater understanding of your options.
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