Many factors affect can impact the annuity rate when purchasing an annuity. Health, age, and the interest rates at the time you retire all impact the level of guaranteed income you will receive when purchasing an annuity.

top view of desk with coins piggy bank and papers

As with all my advice, the process starts with an initial meeting, where I can fully understand your circumstances. I deliver a recommendation to you and upon your agreement I implement it.


What is an annuity?

Whereas a drawdown pension is a stock market-linked fund that goes up and down in value as you draw it down, it is impossible to outlive an annuity. By purchasing an annuity you provide a guaranteed income for life. After deciding whether to take 25% of your pension pot tax-free, the remaining fund can be used to buy an annuity from an insurance company, which pay periodic payments back to you. You can choose for these payments to be increased each year to keep pace with inflation.

I add value by finding the best annuity rate for your needs then take the stress out of putting the solution in place. 


To discuss how an annuity pension can benefit you financially, contact Michael Reed today.

Looking for financial advice?

Contact me today for more information on my financial services. 

T: 01509 277746
M: 07702085589

E: [email protected]


Ratcliffe House, Leake Road,
Costock, Loughborough
LE12 6XA