Enhanced Annuity Rates

Also known as impaired life annuities.

Standard annuity rates are calculated with reference to the average life expectancy for people living in the UK. This is fine for those in good health, but not so for those who have below average life expectancy.

A large number of people could obtain an enhanced annuity rate when they set up their pension income, yet only a small proportion of people actually apply for them.

If you can answer yes to any of the following questions then we may be able to obtain a higher income for you:

  • Do you regularly smoke cigarettes?
  • Do you suffer from diabetes?
  • Do you suffer from chronic asthma?
  • Do you suffer from or have you ever suffered from a serious illness such as cancer, stroke, or heart attack?
  • Have you recently undergone major surgery?

Some annuity providers will pay you a higher income if you have certain medical conditions. Statistics show that people with certain medical conditions have a shorter than average life expectancy. These specialist providers use this to your advantage: they will pay you a higher income because they calculate your income will be paid out for a shorter period of time.

Ensure you obtain the maximum income possible by declaring any lifestyle or medical conditions when setting up your annuity.

To have an independent expert get in touch with you to offer some basic advice, simply enter your details below.

Enquiry Type

Full Name:*

E-mail Address:*

Telephone Number:*:

Postcode:

Preferred Contact Time:

On pressing the send button you will be contacted by Hello Finance Ltd who will ask some relevant questions about your pension requirements and then pass you onto an independent pension advisor in your area.

The Pensions Network web site is operated by Hello Finance Ltd and introduces clients to independent financial advisors. Hello Finance Ltd does not provide any finance advice and only acts as an introducer to regulated companies. Hello Finance Ltd is authorised and regulated by the Financial Services Authority Registration No. 446412.

Hello Finance Ltd is registered in Wales under CRN 05501378 and our registered office and business address is
7 Fidlas Road, Llanishen, Cardiff. CF14 0LW. Our telephone number is 02920 762249. Our e-mail address is accountsathellofinance.co.uk