The ABI this week launched its free ‘’Annuity Window’’ tool. If you are approaching retirement, the tool provides a dozen examples of real annuity rates across a range of ages and post codes for both healthy non-smokers and smokers and for individuals who have suffered a serious medical condition.
The example annuity rates shown do not take account of inflation or any guaranteed payment period.
Retireeasy believes this new service will at the very least raise consumer awareness of the different annuity rates available and the importance of shopping round……..provided consumers get to know about it!
