If you’re close to your anticipated retirement date or State Pension Age (SPA), your thoughts will be dominated by how to turn your pension pot into an income. Questions such as, is Annuity or Income Drawdown right for me? Would another option be better? How can I get the best Annuity rate will rightly dominate your thoughts. But, there is one option which is all too often overlooked: Deferral....

Our research has shown that the best Annuity rate dropped by 3.56% during May. Most Annuity providers, including Canada Life, Hodge Lifetime, Aviva, Just Retirement, LV=, Legal & General and Prudential, have reduced their best Annuity rates during the past month. Annuity rate reduction in May Retiring soon? Our advisers can help you make the right decision...

Whether you are thinking that retirement planning is still a little way off or you want to turn your pension into an income now, here are a few quick tips to help you get best result possible from the money you have managed to put aside for later in life. 1. Remember stock markets fall as well as rise 2010 has for the most part been a positive year for investments, however significant corrections have a habit of occurring at the most inconvenient of times. In the months and years leading up to your retirement think about where you are invested; should you move from equities into more secure assets to protect the pension money you have built up? How should you protect your funds against possible falls in stock market values?