Flexible
annuities, as the name implies, allows more flexibility
regarding the levels of income taken by you.
They still contain an investment
element, but the type and options vary according to
your choices and criteria. In very simple terms, you
may choose between;
- Investing part of your pension
fund in rolling 5 year plans, which can be purchased
up to the age of 85.
- Investing your whole pension
fund in a 10-year plan where you decide the rate of
pay and can take lump sums.
- Investing your whole pension
fund within ongoing and individual investment accounts,
which you can choose, with a constant pay-rate and
possibility of bonuses.
Each of the options above
has specific rules and guidelines, separate tax consequences
and allowances - and all have different features and
benefits.
For this reason they simply cannot
be summarised in a few sentences (see our free Useful
PDF Downloads area to the right) and you should
seek the appropriate, qualified advice before proceeding.
Get the Full Story
Robert Bruce Associates
can offer you specialist, helpful and clear advice on
these Annuities, to help you make an informed choice.
Our qualified advisors will ensure any decision is made
only once you have all the facts in hand, and only as
a result of establishing your personal wishes and criteria.
Why not call us today?
Get the most out of
your retirement.
Call us today
on: 0845 838 7377
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