MGM Adviser

MGM Advantage Flexible Income Annuity

Finally annuities are moving with the times. People are living longer in retirement and have changing needs throughout those retirement years

The new Flexible Income Annuity from MGM Advantage offers your clients so much more than a conventional annuity. They can choose their starting income and vary it when they want. They have a minimum income guarantee and the potential to grow their income over time – mitigating the risk of inflation. Your client will also become a member of our society and their income has the potential to benefit from any member bonuses that apply.

Top 10 reasons why the Flexible Income Annuity works hard for you and your clients:

• A starting income that can be up to 20% higher than a conventional annuity and typically 40% higher if your client qualifies for enhanced terms.
• Various remuneration options available.
• Income is flexible and can be adjusted to allow your clients to plan their finances throughout their retirement years.
• Potential for investment growth and access to world class passive and active fund managers at institutional rates allowing your clients to control their investment strategy
• Minimum case size of £10,000
• Low and transparent charges
• A minimum income guarantee that is in place from the start
• Death benefits and features you’d get with a conventional lifetime annuity
• Your clients share in credits from mortality cross-subsidy (unlike drawdown)
• Membership of the Society and potential to have additional income added via member bonuses