The current economic climate, buying a pension annuity now might deliver a much lower annual income than one would have expected even a few years ago
. Higher annual incomes might also be available from pension providers who take into account ones medical history and offer an enhanced rate annuity. With so many pension providers hoping for your business there are certainly great deals. So before using your pension annuity you should know every advantages and disadvantages so that you do not face any problem in future.