Profile
Age: Male aged 65
Occupation: Business owner/hairdresser
Need: Retirement annuity
Amount: £56,000
Our client was about to retire when he was referred to Investment Choices. During our initial meeting with our client and his wife we discovered that he had been suffering a bout of ill health requiring medication and that his principle aspiration was to maximise his income and capital. With his wife, his aim was to enjoy retired life to the full while still in reasonable health.
Our client’s pension fund was approximately £56,000. Using his medical profile, we were able to purchase a pension a third higher in value than the one being offered by his current pension provider. As a result, he and his wife, who will also enjoy the enhanced return for her lifetime if she outlives him, are both very happy. Together they are planning to use the extra income for additional spending money on annual holidays.
We understand from our client that he would have signed up with his previous pension company until we intervened on his behalf. We have now been referred to another couple by our client.