Smoking

If you smoke 10 or more cigarettes per day and have done for the last 10 years, you may qualify for enhanced annuity rates. These rates can make quite a substantial difference to your retirement income. If you stop smoking after you have purchased your annuity your income will not be affected.

As an example, Mr W contacted us to search for the best annuity rate on offer to him. His current pension provider offered a yearly income of £1,285.56, by simply contacting us and informing us of his smoker status we were able to offer Mr W a yearly income of £1,611.72, an increase of £326.16 per annum for the rest of his life.

Please note the arrangement of investment and/or unit linked annuities along with enhanced or impaired annuities is not available via our Self Select Services. These must be purchased via the Annuity Broking Service as a minimum.

Please contact one of our Retirement Consultants on 0800 071 8111 should you wish to discuss the possibility of purchasing a smokers annuity.