Pensions have been a bone of contention for many years, with many private companies and public sector workers having found their pension fund decreasing. Annuities have received more exposure and people really need to think about where their pension annuity will go. The state pension is widely thought of as not enough to live on at £95.25 per person or £152.30 per couple. The problem with the state pension is people are generally living longer but the population growth is slowing it is estimated that by 2025 there will be 12.5 million pensioners in comparison to the 4 million pensioners recorded in 1949. How can the country sustain the state pension?
What is a pension annuity?
An annuity is a regular income guaranteed for life, in exchange for your pension pot. This amount is above any state pension or private pension from a previous employer you may be entitled to. You don’t have to get a pension annuity straight away when you retire but by law this has to be done by the time you reach 75. In this current economic climate it is imperative that everyone give their financial well being a complete check over. Very often people are not aware of the exact details of their pension, Pensionlite want to ensure that that you are getting the most from your money. Contact Pensionlite online at www.pensionlite.co.uk or on 01952279379 we are the experts in the pension annuity field.
We are completely independent and are proud to have achieved the status of Chartered Financial Planners. We have an excellent reputation for customer satisfaction and offer all our customers the peace of mind needed when dealing with such an important issue, we are totally regulated by the F.S.A. We can offer some of the best quotes and advice on annuities products through a wide range of providers. At Pensionlite we understand the importance of a pension annuity, when annuities are signed it is very unlikely that you can change your mind even if your circumstances change therefore it is essential to get is right the first time. Contact the experts today we will take all your personal circumstances into account and find the right annuity for you.
If you are looking for the very finest annuities which are available on the market then we have all you could possibly require at pensionlite.co.uk! Our pension annuity services are second to none! Visit us!