The Government has offered up to 12 million Pensioners the chance to convert a lump sum into a guaranteed income for life, on terms significantly better than those available on the open market.
The scheme is available to people who retired on the old basic State Pension of around £120 per week, and who therefore miss out on the higher, flat rate pension, of £155.65, introduced in 2016.
But time is running out as the scheme closes on 5th April 2017.
How does the scheme work?
To qualify you must be entitled to the State ...