Aegon made a recent presentation where they said that the headache for people reaching retirement age is how do they access advice or guidance and thereby choose the appropriate form of income for life - most simply maximise their initial income. 29% have no guarantee, 87% take level income and 64% take a single life annuity. This suggests some people are not accessing advice.
Silverside Financial Services Ltd can help by looking at the Open Marker Option to see if there are better deals for clients or by arranging the annuity a different way. This costs nothing for the client to find out but they may enhance their income considerably. If you are within 3 months or so of retirement please contact us
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Tuesday, November 25th, 2008 at
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