Pension and Annuity

A pension annuity is a financial instrument that guarantees you a steady income for the rest of your life, regardless of how long you live.

One of the most critical considerations you'll have to make when you retire is how to secure enough money to live comfortably for the rest of your life.

One alternative is to turn your pension fund into a monthly income stream. You can accomplish this by purchasing a pension annuity, sometimes known as an 'annuity'.

You'll always know how much you're getting with a pension annuity, rain or shine.

How do you know if Pension Annuity is right for you?

When a customer is sold an annuity that is improper for their circumstances or when they are not provided enough information before purchasing an annuity, it is known as annuity mis-selling.

There are numerous indicators that you were mis-sold an annuity. If you recognize yourself in any of the following, you may be eligible for compensation.

You weren't presented with options.

Some people are persuaded to buy a specific annuity without first seeing other possibilities when seeking financial guidance. Although it's fine for your financial advisor to push you in the direction of the best offer for you, they should ultimately provide you with a list of annuities from which to choose. Your advisor may be guilty of mis-selling if they neglect to do so.

Your health was not taken into consideration.

Customers' life expectancy is taken into account by annuity providers when designing their pension solutions. If you have a health issue that could shorten your life expectancy, you should take this into account. If you don't account for this in your annuity, you may end up receiving less money each month than you're entitled to. This is because an annuity will spread your retirement savings over a longer length of time than you are likely to live.

Hidden fees were not disclosed to you.

If you choose an annuity only to discover hidden charges later, you may have been the victim of financial mis-selling if the advisor failed to inform you of the charges.

How do I get compensated if I was duped into buying an annuity?

You may visit Ingram Toft's website if you believe you have been mis-sold an annuity.

We have extensive expertise getting financial redress for persons who have been harmed by financial products that were mis-sold.



We understand how heartbreaking it may feel to be mis-sold a pension, whether you've discovered you're entitled to less money than you were promised or you've discovered terms and conditions you weren't made aware of before signing up for the program. Please reach out to our compassionate, knowledgeable, and understanding team right away.