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Can I buy a deffered annuity now?
RogerPensionGuy
Posts: 875 Forumite
I've researched annuities a lot and have finnaly finnaly decided to buy one in the next few weeks and definitely getting it locked in before before the next budget.
I've decided the amount of cash I'll use from a DC SIPP to fund it and picked RPI with Value Protection VP of 75% as 75% just felt like best balanced value, I found trying to pick the protection factor the most difficult part of this process.
I'm just over 61 a bit and I don't need the income in any rush and just seeing if I could possibly buy a deffered annuity using todays annuity rates like on moneyhelper or HL and maybe a start date middle of next year or possibly 2027.
Ive googled and googled a bit and not found the information I fully want.
So I'm looking to buy an annuity now, locking in at todays rates, but it starts paying out 2026 or 2027.
Any views, comments or signposting most appreciated.
TIA Roger.
I've decided the amount of cash I'll use from a DC SIPP to fund it and picked RPI with Value Protection VP of 75% as 75% just felt like best balanced value, I found trying to pick the protection factor the most difficult part of this process.
I'm just over 61 a bit and I don't need the income in any rush and just seeing if I could possibly buy a deffered annuity using todays annuity rates like on moneyhelper or HL and maybe a start date middle of next year or possibly 2027.
Ive googled and googled a bit and not found the information I fully want.
So I'm looking to buy an annuity now, locking in at todays rates, but it starts paying out 2026 or 2027.
Any views, comments or signposting most appreciated.
TIA Roger.
0
Comments
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Individual deferred annuities generally aren't available in the UK.1
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