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Don't assume annuity is the best option

July 31, 2023

Stop, and take some advice.

Don’t just assume an annuity is the best option 🛑 ✋

Stop, and take some advice.

There are pros and cons to turning your hard-earned pension savings into an income for life ✅ ❌

Lots of people we see think an annuity is the only option, and ‘that’s what everyone does, isn’t it?’

Here are some of the downsides of an annuity:

- Income is limited to annuity rates on offer.
- Your income is inflexible.
- An annuity can’t be inherited on your death
- Once you’ve bought an annuity, you can’t change your mind.

Please make informed decisions because these things can’t be reversed 🙌🏻

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