Annuity Comparisons for Women
The Female Annuity
Annuities from a woman's perspective
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Purchased Life Annuity
A purchased life annuity is an annuity with a difference. It is an annuity purchased with your own funds, instead of from a money-purchase pension fund. It operates in the same way as a Compulsory Purchase Annuity, but it has tax advantages.
The entire pension which you receive from a Compulsory Purchase Annuity is treated as taxable income in the same way as income from normal employment would be.However when you buy a Purchased Life Annuity that part of the annuity income, which is calculated as capital repayment to you, is tax-free. Only that part of your annuity income which is interest paid on your investment is taxable.
With similar annuity rates, the effect of this tax treatment of a Purchased Life Annuity, for a basic rate tax-payer, would be to increase net income by approximately £200 per month, from a £200,000 investment.
Your consultant can assist you in making optimum decisions for such investments, and would be happy to provide comparative illustrations of such options.
A purchased life annuity is an annuity with a difference. It is an annuity purchased with your own funds, instead of from a money-purchase pension fund. It operates in the same way as a Compulsory Purchase Annuity, but it has tax advantages.
The entire pension which you receive from a Compulsory Purchase Annuity is treated as taxable income in the same way as income from normal employment would be.However when you buy a Purchased Life Annuity that part of the annuity income, which is calculated as capital repayment to you, is tax-free. Only that part of your annuity income which is interest paid on your investment is taxable.
With similar annuity rates, the effect of this tax treatment of a Purchased Life Annuity, for a basic rate tax-payer, would be to increase net income by approximately £200 per month, from a £200,000 investment.
Your consultant can assist you in making optimum decisions for such investments, and would be happy to provide comparative illustrations of such options.
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Some examples of annuity providers
The main aim of this site is to help you achieve better annuity returns than that which is offered by your current pension fund provider.
We adhere to a confidentiality policy which requires us to treat all information held about you in the STRICTEST CONFIDENCE. Stop searching now and let the annuity experts do the leg work! Fill in our quick and simple no-obligation comparison enquiry...