Pension Planner

Open Market Option
This is your right to shop around and obtain the highest annuity rate available to you. According to the Association of British Insurers 55% of annuitants i.e. people who were about to take up their annuity did not utilize their Open Market Option in 2011. Yet, this is essential if you are going to obtain the best annuity rate.

Annuity Tables
Annuity tables can show the best annuity rates available in the market place. However, annuity tables are not live quotes and can quickly become obsolete. Live annuity quotes can be obtained more quickly and provide you with much more accurate information.

Annuity Quotes
Once we have established which annuity provider will offer you the highest annuity rate, we will obtain you a quote. At The Pension Plan you can request unlimited variations of your annuity quotes at no additional cost, so that you can see the reducing effects of various different options.

Impaired Annuity
If you have had any one of over 1500 illnesses ranging from Alzheimer’s disease to Wolff-Parkinson-White syndrome then you may qualify for an impaired annuity.

Annuity: Definition
An Annuity is basically a permanent contract which determines what happens to your pension fund throughout your retirement. When you retire you can take up to 25% of your fund as a lump sum.
The rest is used to buy an annuity from an insurance company, who guarantee to pay you a regular amount. This depends on various factors, such as your health and lifestyle, inflation and whether you want your family to receive payments in the event of your death.

Coming up to retirement planning? Our friendly qualified advisers can help you add 147% onto the value of your pension. The best Annuity Quotes and Annuity Rates.