Because of their
longer life expectancy women generally receive a less generous
rate than men, and the tendency of people these days to live
longer has also brought negative pressure upon annuity rates.
Because they do not
always use the same assessment criteria pension annuity rates
will usually differ from one another depending upon which provider
you decide to use. Some for example offer different rates according
to the area in which an applicant lives, his or her occupation
prior to retirement, and general health, as well as taking account
of whether or not the applicant is a smoker or has any other
lifestyle preferences that may impact upon longevity.
This is why it is
always a good idea to use a pension annuities comparison site
in order for you to be able to select a provider, or at least
to create a shortlist of companies which can then be contacted
with a view to considering the individual terms contained in
their small print as well as the actual rates themselves.
annuities do not pay out a huge amount with each increment and
even this is generally decreasing, thus a difference of ten
or twenty pounds each month could make a very real difference
to the recipient’s quality of life after retirement. Check
out the best pension annuities comparison site selection using
the above companies today.