it is essential that retirees declare all medical conditions as they may help them in qualifying for a higher rate
(PRWEB UK) 8 November 2012
Recent research by My Pension Expert has discovered that Sleep Apnoea (OSA) sufferers could be eligible for higher annuity rates. Snoring is a common symptom of OSA and approximately 60% of those over 65 has this condition.
For example, a 65-year old male with a £100,000 pension pot could receive an extra £12,000 simply because they have OSA.
The research shows that it is essential that retirees declare all medical conditions as they may help them in qualifying for a higher rate.
Disclosing the minutest detail about your lifestyle, such as snoring of a nighttime, could prove to be financially beneficial.
It is crucial that retirees understand and shop around for the best annuity deal as annuity rates continue to drop.
My Pension Expert is a company of Diploma Qualified Independent Financial Advisors who specialise in the at retirement market.