Should I use an Advisor to buy a Pension Annuity ?

[henrycrun]

or are the FSA best buy tables accurate ? http://www.fsa.gov.uk/tables/
I was thinking of 3% year on year, single life.
(or am I missing something, minimum sarcasm please)

Edited by henrycrun on Wednesday 25th March 20:24

Edited by henrycrun on Wednesday 25th March 20:25

[thomson]

If you are happy with the FSA info. then go for it, however, it might pay in the long term to speak to an IFA, although rates are indeed low right now, a small percentage can make all the difference longer term. The problem with this is: how recent is the FSA info. when was it last updated? Also, your health state has a huge impact on what rate you may get, and the biggest question of all, do you really need the income right now considering the current climate, can you afford to defer the drawdown? My personla view is that the FSA would rather advice was given via the flowchart/ yes/no method as there is no risk of bad advice, just you as an individual making the wrong choice! Hope this Helps!