Tell me again, what exactly is the Project
The Annuity Project helps everyone (individuals and advisers) learn more about the advantages of annuities and other retirement options such as pension drawdown.
It also helps everyone get access to the appropriate level of help, guidance or advice.
The Project has a number of free resources including:
The Knowledge Hub
Calculators and Charts
Questions and Answers
Is there a cost or a catch to using this website
No - there is no cost or charge or obligation when using this site and using the resources on this website
All the information and resources are provide free of charge in the hope this will help people (individual clients and advisers) make better retirement decisions.
Why do I need to register to access some of the information pages and resources?
You are asked to register in order to access certain information and resources websites so I can ensure that only people who are serious about retirement options are viewing the content and they understand that the content is for information only and does not represent financial advice.
My hope is that by signing up to the Project you will get more involved with annuities and drawdown and thereby make better decisions when converting your or your client's pension pot into cash and income.
Also, I want to encourage you to keep up-to-date with news and annuity / financial trends by subscribing to my newsletters.
Can I get a higher annuity if i smoke or have a medical condition?
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 good for those who have below average life expectancy.
An enhanced or impaired life annuity pays a higher income because an allowance is made for any medical conditions which might reduce life expectancy
You will probably qualify for an enhanced annuity if you can answer yes to one of the following questions:
How do I avoid paying IHT on my pension?
From 2027, when you die, your remaining pension pots may be subject to Inheritance Tax (IHT) but until 2017, you can leave your personal pension pots to your family (or other beneficiaries) free of IHT.
There are very things you can do to avoid or reduce IHT
Do you have a question?
If you have a question, please email me and I will answer as soon as I can
Help and advice
William Burrows will be pleased to answer your questions