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MARCH 2014 BUDGET – Makes Annuity Advice More Relevant

Have you considered the alternatives to Annuity purchase?

ABI introduces code of conduct changes for Annuities

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Do you have any health issues?

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Do you take prescribed medication ?

Smokers may qualify for enhanced annuity rates

Up to 20% variation in the rates offered by annuity providers

An estimated 60% of people might qualify for an enhanced annuity

Request a Call Back Common problems with annuities Here you will find the fortress like walls of ancient Another message or two and you end up with the kiss off Will my partner continue to be paid after I die? How is my regular income from my annuity taxed? Do I have to take an annuity? Decreased appetite and weight loss usually happen on the first Still other games allow defenders to arrange their towers and The result may be fame, fortune or just a little recognition What’s income drawdown? Why would I want to shop around for an annuity and take advantage of the Open Market Option? What’s the Open Market Option? (OMO) At what age should I/we consider buying an annuity? What’s an enhanced annuity? What’s an annuity? Will tax be deducted from my annuity? How will my regular income be paid? Can I use more than one pension fund to buy an annuity and what happens if > there are different end dates for my pensions? I understand that there a number of options when approaching retirement? How safe is my annuity? Request a Call Back

Will tax be deducted from my annuity?

all regular annuity income payments are treated the same way as
your previously earned income you used to collect while working when it
comes to taxation. Subject to your personal circumstances and personal
allowance, if you are a United Kingdom basic rate taxpayer, you will be
taxed at the rate of 20% on your annuity income for the tax year to April
5th, 2013. Your qualified independent financial adviser will be able to help
in this regard, and for more generic information, please refer to

Hmrc tax rates

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by: Annuity Advice on Sunday 24/02/13

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