Create a stable income payment when you retire by investing in annuities. The team at Crystal Financial Solutions can help you to organise the best option for your lifestyle and pension size, ensuring that you’re covered when it’s time to retire.
What are Annuities?
An annuity is an insurance product that allows you to swap your pension savings for a guaranteed regular income that will last for the rest of your life. Since Pension Freedoms annuities have become less popular, however in certain cases they can still be very valuable and suitable for many people depending on their lifestyle and income.
Benefits of Annuities:
- They provide a certainty of income when retiring.
- Those suffering from ill health may benefit from higher annuity rates.
- Many who have existing pensions have guaranteed annuities rates, however we have come across many situations where people are unaware of this and could lose valuable benefits by transferring or cashing them in.
What is included in your Annuities service?
For Existing Clients...
For existing clients we will investigate the full details of your current pensions to make sure that you’re not losing any valuable benefits that are attached to you current offering. Then we will conclude whether or not you could benefit from anninuities together.
For New Clients...
For new clients needing income from annuities, we will always look at drawdown solutions vs an annuity solution to make sure that new clients are receiving the best deal available based on your circumstances.
You should be aware of the fees that may be involved in buying a property which may include:
- Stamp duty land tax
- Mortgage product fees subject to lender
- Valuation fees subject to lender
- Solicitor / legal fees
- Independent valuation that you may wish to carry out
- Broker fees
- As a seller / vendor – estate agent fees
What makes Crystal Financial Solutions different to other Pension Planners?
Whole of market – this means we are not tied to any pension provider and can use all available to us in the market.
We provide independent, bespoke and unbiased advice.
We provide a crystal clear/bespoke solution based upon your individual circumstance to match the best pensions for your financial circumstances.
We understand the complexity of different pension types and we’re here to bridge that gap to make the process as simple as possible.
The Crystal Financial Solutions team have been operating for 20 years, and have gained a wealth of experienced in pension planning.
We’ll help you throughout the whole process and not just when the pension is being planned.