Annuity Purchase

Key Points About Annuity Purchase

There are five key points to remember when considering your annuity options. Many of your further decisions will be based on keeping them in mind:

You don't have to buy your annuity from the provider of your pension
Shopping around may give you a higher income
Don't rush or allow yourself to be pressured - this is one of the biggest financial decisions of your life
Once you've bought an annuity you can't change your mind
Remember, unless you buy a joint life annuity, the income will cease when you die; you cannot pass an annuity on to your surviving family

^† Requires Adobe^® Reader^®. You can download it for free here.