<img alt="" src="https://secure.coat0tire.com/222145.png" style="display:none;">
  • A bit about Rhodri

    Rhodri is 62.

    He has around £143,000 in his pension pot.

  • Background

    Rhodri wants the security of a guaranteed income (annuity). He also wants his annuity to have at least a 5-year guarantee period – so it’s guaranteed to pay out for at least 5 years after he starts to take it, even if he dies in the meantime.

    He’s not bothered about increases and is happy with a level income.

  • Rhodri's idea

    Rhodri’s existing provider can meet all
    his needs – or so he thinks.

    They’ve given him a quote for an
    income of £5,900 a year with a level
    annuity, paid monthly in advance, and
    guaranteed for 5 years.

    Can we do better?

  • Our guidance

    Rhodri asks us if we could help him get a quote with a guarantee of 10 years instead of 5 years. After shopping around, we get Rhodri a quote of £6,315 a year for the same kind of annuity – level, paid monthly in advance, but for a 10-year guarantee.

    That’s £415 a year more than Rhodri could have got with his current provider, and with a guarantee period of twice the length.

  • Fees

    The fee for our guidance was covered by commission from the provider, so there was nothing for Rhodri to pay personally.

The result

Thanks to our help, Rhodri gets £415 more a year – and a longer guarantee period – than if he’d stayed with his current provider.

This is a real-life example, but the name and details have been changed.

Are you ready to maximise your pension potential?

  • Personal insight

    Go to our Pension Potential hub to get a free retirement pack with personal insights just for you.
    Find out more about us
  • Tailored insight

    If guaranteed income (annuity) appeals to you, use the Pension Potential annuity finder to shop around for your own tailored annuity.
    Go to the Pension Potential hub to access our annuity finder
  • Expert insight

    Once you’ve looked into your options, ask for a call with one of our friendly retirement experts.
    Book your call on the Pension Potential hub 
your pension potential
Get started