Bragagnini Associates Mortgage Solutions and Financial Solutions believe in giving something back and each year we pick a nominated charity to raise funds for. These have included charities such as ‘Make a Wish Foundation’ and ‘The Henry Allen Trust’ to name a few. We have various events organised to raise funds, including our annual golf day, and we are very proud to continue supporting worthwhile causes.
An annuity is a type of insurance that provides a regular income in exchange for a lump sum. Annuities provide the backbone of retirement solutions in the UK.
Everyone with a pension fund must decide by the age of 75 whether to take an annuity or to use an ASP (Alternatively Secured Pension).
With an ASP, you can continue to invest your pension savings and draw income from the fund within certain limits.
You do not have to take the annuity offered by your pension provider. Annuity rates vary between pension companies, so it’s worth speaking to us about the ‘open market option’.
Remember, we offer completely independent financial advice.