Annuity

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0845 365 2410 quoting ref WS9
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Please Select The Type of Annuity Quote or Advice You Require and Click GO
I want a standard pension annuity quotation (includes fixed and variable rates).
I want an impaired life pension annuity quotation (includes fixed and variable rates).
I want a smoker pension annuity quotation (includes fixed and variable rates).
I want a purchased life annuity quotation (not for pension funds).
I want a quote for an immediate care annuity.
I want a quote for long term care annuity.
I want to discuss my annuity options with a financial adviser (no obligation).
I want advice regarding a pension transfer.

Annuity

An Annunity is an insurance product and is typically issued by the same companies that issue life insurance policies. It is a life assurance contract that will make regular payments (e.g. on a monthly or annual basis) to a person for a period certain, over one or more specified individuals' lifetimes.

Such contracts provide an income during the annuitant's lifetime. Some annuities (called "joint life" or "joint and survivor" annuities) continue paying the beneficiary after the first person dies, until that person dies as well.

Annuities that make payments in fixed amounts or in amounts that increase by a fixed percentage are called fixed or guaranteed annuities. Variable annuities, by contrast, pay amounts that vary according to the investment performance of a specified set of investments, typically bond and equity funds.

The term "annuity" generally refers to the actual contract that makes payments. Commonly it is used to refer to a contract that is making payments (with the means of saving being referred to as a "pension"). In this country the conversion of a pension fund into a Pension Annuity is the most common method of obtaining pension income, and this has led to a large market for annuities.

UK IFA NET provide fully independent Annuity Advice for your individual requirements. Simply click for a quote. Alternatively speak to one of their highly experienced consultants today on 0845 365 2410 quoting ref WS9 or fill out our online quote request form and one of their advisors will contact you.