Mr J Bentley, age 63, took his benefits two years early. This provided him with two years of additional income. If he had waited until age 65 his pension fund could have dropped and annuity rates may have fallen further, resulting in lost income.
Mr Bentley had an Aegon pension with a value of £50,876 and Simply Retirement Ltd provided him with an enhanced annuity rate using MGM Assurance of 31.8%. He obtained an enhanced annuity because he suffered with Cancer and Stomach problems.
There was no additional cost incurred by Mr Bentley for arranging the annuity and Simply Retirement dealt with all the paperwork.
Mr Bentleys comment about Simply Retirement Ltd was:-
‘A speedy and hassle free service. Thank you.’