• Statistically most people will be in retirement for more than 20 years.

• You get a better rate than with a standard annuity because statistically people with certain medical and lifestyle conditions have a shorter life expectancy than those who do not.

• An estimated 40% of customers could qualify for an enhanced rate, so it's always worth checking.

• Even the lightest impairments are covered.

• Gives you a higher income for the rest of your life. You could be in retirement for years and years, so it all adds up.

• Guarantees to pay you a regular income for life, so it is a low-risk option.

• Enhanced annuities may pay out more than standard annuities. E.g. a man retiring at age 65, with average impairment and a pension pot of £50,000, would receive 22% more, which equates to an additional £3,575 extra for the first five years of retirement with an enhanced annuity*.

If you are interested in the MGM Enhanced Annuity and would like to know more about how we could help you get a better income in your retirement please contact your financial adviser.

Source *Pensions Week 25 August 2009