|
Retired people
in the UK who choose the wrong annuity provider and fail to plan
ahead miss out on approximately £52.9million each year, says
the Alexander Forbes Annuity Bureau.
To help
retirees explore all available options, and to make the most of
their money, The Annuity Bureau has produced The Final Countdown,
a guide to retirement including information and a detailed plan
for people with private pensions. The guide features a step by step
guide to the important points for consideration at one year, six
months and three months before retirement, as well as what to expect
when retirement comes.
David
Marlow, director at the Alexander Forbes Annuity Bureau, said: “If
you are close to retiring you really need to make sure you explore
all opportunities available in order to make the most of your money.
There is more to retirement than leaving work and it is vital to
plan ahead to get the best suited solution for your retirement income.
“The difference between best and worst conventional annuity
providers’ rates can easily be as much as 27 per cent –
for example £6,000 per annum could become £7,620 per
annum – a difference that could amount to £25,920 or
more over a typical retirement period.”
The Final
Countdown guide is available at www.annuity-bureau.co.uk/downloads
-
Pensions Age June 2008
|
