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Considering an annuity with another provider. Is an IFA really needed to do this?

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Comments

  • dunstonh
    dunstonh Posts: 120,015 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    grn99 said:
    dunstonh said:
     Their quote also says they are the best one.
    Ignore that.  It's broken.  It uses the MoneyHelper tables.   You often see that on quotes that are not the best.

    You need to see the whole of market prices to see for yourself.



    Thanks. I assume  the whole of market prices only available to IFA’s??
    IFAs or website distribution will use the real-time pricing tools for the whole of market.


    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • FIREDreamer
    FIREDreamer Posts: 1,078 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    edited 21 September at 9:56PM
    grn99 said:
    dunstonh said:
     Their quote also says they are the best one.
    Ignore that.  It's broken.  It uses the MoneyHelper tables.   You often see that on quotes that are not the best.

    You need to see the whole of market prices to see for yourself.



    Thanks. I assume  the whole of market prices only available to IFA’s??
    Hargreaves Lansdown can provide annuity quotes - with health issues allowed for.

    EDIT: All the main providers are there I believe.
  • DRS1
    DRS1 Posts: 1,512 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    dunstonh said:
     Their quote also says they are the best one.
    Ignore that.  It's broken.  It uses the MoneyHelper tables.   You often see that on quotes that are not the best.

    You need to see the whole of market prices to see for yourself.



    Thanks.  Too late now.  I accepted the quote (and to be fair it was higher than I expected)
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