Get a much better pension

Investing and pensions

lovemoney staff
Updated on 16 September 2011 | 0 Comments

If you're planning to retire in the next few years, pay attention! One simple step could boost your pension by as much as 50%!

lovemoney.com has launched a new online tool to help you compare quotes from different providers in one easy search.

If you have a private sector pension, your pension provider will try to sell you an annuity when you retire*. This will give you an income until you die. It’s essential you don’t take the easy option and just buy whatever you’re offered.

Instead you should shop around and get the best deal possible. That could boost your pension by up to 50%...

Check out our annuity calculator to find out how much you could get. You might get a very pleasant surprise.

Get more information here.

*That’s unless you have an old-fashioned, gold-plated final salary pension. If you’re lucky enough to have one of these pensions, sit back and relax.

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