• Choose Retirement Solutions
  • Retirement who?
  • How do you feel about risk?
  • Case studies

Joseph, Gloucester

July 24, 2016Case Studieswebmaster

Joseph from Gloucester had a gross pension fund of £99,500. After taking is 25% tax free cash, he was left with £74,665 to purchase his lifetime annuity. Having submitted his details to Insurance Surgery he was passed onto a Retirement Consultant at Retirement Solutions (UK) Ltd.

Joseph suffers from Asthma and is a smoker. The standard annuity quote at that time was offering John an income of £3,706pa with no enhancement for his health and lifestyle conditions.

Having spoken to a specialist who went through a detailed questionnaire regarding health and lifestyle, Joseph secured a guaranteed income of £4,401pa. This annuity also guaranteed 50% of the income for John’s spouse for the rest of her life should John have passed away.

Quick Enquiry

RSS Financial News

  • UK economy is growing more than expected - how optimistic should you be? May 15, 2025
  • UK economy is growing more than expected - how optimistic should you be? May 15, 2025
  • Walmart says higher prices could hit this month due to tariffs May 15, 2025
  • More pupils auto-enrolled for free school meals May 15, 2025
  • Leading crypto firm Coinbase faces up to $400m hit from cyber attack May 15, 2025
  • Faisal Islam: The UK's surprisingly strong growth may not be temporary May 15, 2025
  • Reeves says UK 'beginning to turn corner' as growth beats forecasts May 15, 2025
  • Welsh Water fined £1.3m for 'negligent' monitoring May 15, 2025
  • India disputes Trump claim it is ready to charge US 'no tariffs' May 15, 2025
  • Ben & Jerry's co-founder arrested after Senate Gaza protest May 15, 2025
Copyright © Retirement Solutions 2009 - 2016