This gives an individual the right to transfer accumulated pension funds away from a provider with whom they have built up benefits and secure a higher income elsewhere. Our experience is that when we compare existing benefits with leading market rates many clients secure a higher income for the rest of their lives.
Sadly, too many people do not fully assess their options, accept the quotation offered by the existing provider and in many cases thousands of pounds are lost.
Annuities can be considered if you have the following pension plans: