MGM Advantage Annuities

MGM Advantage are a retirement specialist and mutual company that dates back to 1852. They offer a range of financial products for their customers which include annuities which they started to provide from 2008 onwards.

MGM Advantage Annuities

MGM Advantage provide a number of different annuity options including their Flexible Income Annuity as well as enhanced and with-profits annuities. Their flexible income annuity is an investment-back product which comes with a minimum income guarantee. You will incur the risk of your income going up as well as down in return for the chance for a potentially higher income if the investments perform well.

As mentioned they also offer enhanced annuities which pay a higher rate than conventional annuities. If you have health issues that may lessen your life expectancy then an MGM enhanced annuity could be suitable.

MGM advantage are also active in the wider annuity industry, providing a great deal of useful research on the state of the UK retirement market.