The Financial Services Authority or FSA publish pension annuity tables. These are updated daily and provide a guide for those seeking the best annuity rates on the market. Information is provided by the major pension providers and insurers, that is those who are willing submit their rates for publication, and not all providers do this.
One critic of the tables in their current format is Prudential Annuity representative Karin Brown who states that instead of showing the best individual deals, the FSA should merely focus on showing retirees the best options in retirement as well as showing them how to effectively shop around for an annuity.
One sticking point that has been highlighted by pension experts is that the FSA site does not include enhanced annuity rates, which can increase retirement income significantly. It does have links to providers who can offer these rates however. Others have commented that the FSA annuity tables give people the impression that they have a comprehensive list of what is on offer from all annuity providers, which will mean them feeling uninclined to make any further comparisons or seek further information. Many say they will simply click on the providers at the top, as they will feel this is the best deal on offer.
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