SURREY, ENGLAND, February 14, 2012
/24-7PressRelease/ -- It's not something people look forward to and they're unlikely to find it particularly memorable or exciting, but buying a
pension annuity is an extremely important, once in a lifetime experience.
Pension annuities (sometimes referred to as lifetime annuities), convert pension savings into a regular income for life. Like other big purchases, it's always worth doing some research and shopping around for the best deal. Each annuity provider will offer a different income because each has its own annuity rates. But it's not just their rates that are different.
Tim Gosden, Head of Annuity Product Development at Legal & General explains: "Buying an annuity can be a daunting prospect for many people and it's perfectly natural to need a little help making such an important decision. Seeking financial advice is always a good idea but we as providers can make the experience more straightforward and easy for customers who choose to buy their annuity direct.
"At Legal & General, we pride ourselves on our customer service and we take time to make sure our customers understand their options. When people call us for a quote, we'll ask them a few short questions about their health to see if they might qualify for extra income. We have the benefit of years of experience to share with them."
For your experience of a lifetime annuity quote call Legal & General's Annuity Solutions team on 0800 048 2445. We may record and monitor calls. Call charges will vary. Alternatively, visit
http://www.legalandgeneral.com/annuities/ for more information.
Note to readers and editors
This article is intended for consumers.
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