Annuities - Advantages & Disadvantages

Advantages of a Conventional Annuity

  • Guaranteed income for life
  • No investment risk
  • The choices are simple
  • Security
  • Option to guarantee capital via Pension Annuity Protection

Disadvantages of a Conventional Annuity

  • You must decide what income type you require at the outset
  • You must decide what additional benefits you are going to include at outset
  • You lose ownership of your funds
  • Loss of benefit and capital on death
  • No further benefit from investment growth
  • Annuity rates fluctuate therefore if you buy when the rate is low your income is fixed at this rate
  • Once income type is chosen this cannot be changed
Information is based on our current understanding of taxation legislation and regulations; these may change in the future.
The value of your investments and income from them may go down and you may not get back the original amount you invested.

First appointment is Free and we only charge if you decide to do business with us.

We pride ourselves on looking after our clients’ investments and offer an annual review service to our clients.

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