There is a wide market for annuity rates with many providers. Not all of them offer competitive rates all the time though.
At times there can be only two or three who are competitive. So the first thing to mention when looking at buying an annuity is choose your moment carefully. You don't have to buy an annuity to take income from your pension. You can just draw from it and wait a while before buying an annuity. But if you have looked at all your options and have decided that buying an annuity now is the right thing to do, then here is how to find the best rate. Find a specialist annuity broker who can get you rates from the whole of the market. If the broker doesn't make it very clear up front that t...
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