Welcome
As part of your employer’s strategy to improve benefits available and following a careful selection process, we have been engaged by them to provide specialist guidance to you in order to ensure that the best annuity rate currently on offer is made available to you.
We can also help you decide whether some of the modern alternatives to an annuity might be more suitable for you. For example, it is now possible to draw income from your pension fund direct or purchase an annuity which is linked to underlying investments.
About us
Godddard Perry are specialist pensions advisors and are completely independent. We will act as your personal broker.
We believe that it is vital that you should take advice at such an important point in you life and examine all of the options available. This is a view which is shared by the Pensions Regulator.
We are, however, able to offer a number of options.
Option one
We can limit our service to researching the best annuity provider.
All that is required is completion of the enquiry form. On receipt, we will process the information and provide you with a personal report showing all the options available for annuity purchase.
If you wish to proceed, simply return the form which accompanies the report. This will be your instruction to us to make the necessary arrangements and provide you with the application forms to purchase the annuity if you wish.
Option two
We can provide you will full retirement advice.
Again, you should complete and return the enquiry form. From the information you supply, we will research the most suitable retirement option and advise you accordingly. Where appropriate, we will forward any necessary application forms to you.
A word about fees and costs
Throughout the enquiry process it is important to stress that you are not tied or obligated in any way. There will be no charge for investigating your existing arrangements and you do not have to follow any of our recommendations.
However, if you wish us to make arrangements for an annuity purchase for you then we will be remunerated for our work by the annuity provider and will not charge you any other fees. You should also be aware that if you approach the annuity company directly, they are not permitted to enhance your annuity and any income in respect of the selection process would simply be retained by them.
As an alternative you can pay a fee to us for our work. In these circumstances the annuity would be enhanced because as authorised advisers we are able to instruct the annuity provider to rebate into the annuity the remuneration that they would otherwise pay or retain. We would set out in advance how this would work and how much we would charge in order that you could decide which option would suit you best.
Finally, if you require further assistance and advice which falls outside of the scope of the enquiry form then we would need to speak to you. This process is called “fact finding” and is an important part of the process that allows us to have the fullest information and how this might impact on your retirement options.
