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Annuity rates

The amount of income payable from an annuity depends on a number of factors including:

  • Age and health – the older you are the higher the income payments and if you have certain health conditions you may qualify for an enhanced annuity
  • Interest rates – annuities are priced in relation to the yields on long-term fixed interest investments so when yields are low annuity rates are low and vice versa
  • Options selected – e.g. single or joint life, level or escalating, income guarantee period or value protection and choice of payment frequencies.

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If you want to make the most of pension freedoms you should start planning ahead and make sure your financial affairs are in good shape in the years running up to retirement.

William Burrows

William Burrows

Offices in London and Northampton

Call: 07730 435 657

Better Retirement Group Ltd
400 Pavilion Drive

If you need help or advice - Contact us

As one of the most respected specialist retirement advisers, William Burrows and Better Retirement will be pleased to help you make the right decisions at any stage of your retirement journey.

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