Short Term Annuities

As you approach your retirement, there are many uncertainties, for example you may wish to retire before state retirement age and need an increased income to fill the five year gap or you may be uncertain about your health.At Nicholls Stevens we will look into your situation and after analysing all your optiions put forward suitable recommendations

In these circumstances a short term annuity may be the answer. Such an annuity provides a fixed income for five years with a known return of capital. At the end of five years, all options can be re-considered and you may be eligible for an enhanced annuity. there are a number of Providers who offer these schemes and it is important that you select the one which suits your needs and the risks are properly explained to you