TQ Invest launches a new annuity service

TQ Invest has launched a new competitive annuity service for those approaching retirement, offering the route to securing up to 20% more in retirement income.

Expanding on their successful investment execution only dealing service, TQ Invest now offers searches annuity providers to find their clients the best income offer, in some cases boosting the income by £1,000's. They can also raise this income by up to a further 30% through specific annuities designed for those with a history of health or medical problems.

John Chapman, Managing Director of TQ Invest said  "Annuities many no longer be compulsory by the age 75, but many people still want the financial security of a regular income for life that an annuity offers.

"60% of people retiring in the UK right now could be missing out on as much as 20% extra income by not shopping around for an annuity and our new service could help bridge that gap.

"With one easy phone call to our contact team we can price search the annuity market to secure the best deal, we can also explore enhanced annuity rates if these apply. This simple and straightforward service will hopefully stop many people accepting the annuity income offer made to them by the company they saved their pension with at face value.

"By price searching the market and arranging the necessary paperwork needed, we are removing some of the barriers which stop people using their open market option when they reach retirement. An annuity income is set for life, which is why ensuring the highest income available is so important. A difference of even just a few hundred pounds a year can add up to thousands over the duration of a retirement."

You can get a no obligation quote from TQ Invest by calling 0800 294 7221 with the details from your most recent pension statement to hand. You can also read more about the range of options available to you at retirement by visiting TQ Invest's website at tqinvest.co.uk.

TQ Invest are celebrating the launch of their annuity service with a Champagne offer.  If you take out an annuity with TQ Invest by 31st January 2011, they will send you a bottle of Moet & Chandon Champagne to help you toast your retirement.