Retirement Solutions Ltd

Retirement Solutions Ltd

July 13, 2010 03:00 ET

Finding Best Annuity Rates 'Critical'

MANCHESTER, UNITED KINGDOM--(Marketwire - July 13, 2010) - Annuities experts at Retirement Solutions Ltd believe that finding the best annuity rates is more crucial than ever to your standard of living throughout retirement.

The Open Market Option enables those approaching retirement to shop around to find the most favourable annuity rates. Given that, for many, an annuity is their main source of income during retirement, the importance of ensuring they are obtaining the most for their fund cannot be underestimated.

Retirement Solutions Ltd Sales Director, Kevin Stelfox, believes many retirees still are not aware of the difference that shopping around can make, commenting;

"With so many different providers around, it's a reasonable assumption that there may be better deals to be had than the one you're being offered by your pension provider. Let's not forget that up to 40% of retirees could also be eligible for enhanced annuities, without even realising it."

Enhanced annuities offer higher rates to those with certain existing medical conditions, to some smokers and some people with unhealthy BMIs.

Retirement Solutions Ltd have a team of experts who will shop around for the best rate for you. For more information visit www.annuityrates.co.uk or call 0800 644 6021.

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