In just over a month the curtain will come down on the stamp duty holiday which has spared thousands of first time buyers from paying a tax on their new homes. The announcement in the Autumn Statement – a sort of mini Budget outlined in November each year – that the initiative was to be...
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Provided by: Premier Retirement Services
You could increase your income in retirement by up to 40%* depending on your medical situation.
* The increases quoted are based on a 65 year old man with a £30,000 pension fund. Sourced on 07/02/2011. 17% is achieved by comparing a standard annuity rate against the best non-enhanced annuity rate. 40% is achieved by comparing the standard annuity rate against the best enhanced rate (example enhancement presumes person smokes and has medical conditions).
Once purchased you cannot change your retirement annuity provider, so it's important to purchase the right product. The amount of income you'll receive in retirement will depend on your age, sex, factors such as smoking, having high cholesterol or being overweight, up to more serious or life-threatening conditions. You could even qualify for an enhanced annuity. Taking time to use our annuity comparison could increase the amount of income you receive for the rest of your life.