Purchasing an annuity with your pension fund is a non-reversible event; once you have bought an annuity you cannot change your mind. You are exchanging your pension fund for an income stream for the rest of your life. Therefore it is important that you select the pension annuity product most suited to your circumstances and get the best annuity rate possible. For this reason, it is sensible to talk with a qualified pension annuity advisor who can assess your needs and provide sound financial advice. Contact Annuity Arrow – UK annuity advisor, so that one of our independent annuity advisors can help you.

We are independent so search the whole pension annuity market; we do not work for and are not tied to any one insurance company. Please visit our section on Open Market Options (OMOs) to see why you should shop around when buying your annuity otherwise you might settle for a poor annuity with your current insurance company and receive less money.

In addition, depending on your circumstances, you might be entitled to an enhanced ill health or impaired life annuity to get a higher pension income. Our annuity advisors will discuss this option you, if appropriate for your circumstances.