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There is no way of telling the best annuity option for you by simply going through various websites. Choosing the best annuity is not necessarily a matter of finding the best rate. There are other factors that must be taken into account. These include your current financial status, family members, prospective income etc. It is recommended that you get advice from an independent financial adviser because everyone’s individual circumstances are different. There is no single way of finding the best annuity because none exists.
To compare annuities you must first decide what it is you need from the annuity. Then you can read all the small print to find the products that meet your criteria. Once this is done you can look at rates and with some degree of confidence know that you are comparing like for like in terms of the effectiveness and appropriateness of annuity for your life. The problem is that this process is not simply a matter of looking through rates. It can be very complex and a moving beast with new products coming into and leaving the open market.
Contact an independent financial adviser and use their skills to compare annuities. Only by conducting research with an expert in the field can you expect to compare and find the best annuity option for you.
