| |
These annuity rates are for a pension purchase price of £100,000 after the
tax free lump sum of £33,333 has been taken.
Last updated: 25 July 2010
| Male Single Life |
Female Single Life |
| |
Male
55 |
£6,066 |
|
| |
Male
60 |
£6,793 |
|
| |
Male
65 |
£7,772 |
|
| |
Male
70 |
£9,009 |
|
| |
Male
74 |
£10,580 |
|
|
| |
Female
55 |
£5,876 |
|
| |
Female
60 |
£6,530 |
|
| |
Female
65 |
£7,437 |
|
| |
Female
70 |
£8,698 |
|
| |
Female 74 |
£10,190 |
|
|
| Level annuity rates + 10-year guarantee |
| Male Single Life |
Female Single Life |
| |
Male
55 |
£6,019 |
|
| |
Male
60 |
£6,648 |
|
| |
Male
65 |
£7,426 |
|
| |
Male
70 |
£8,399 |
|
| |
Male
74 |
£9,367 |
|
|
| |
Female
55 |
£5,850 |
|
| |
Female
60 |
£6,440 |
|
| |
Female
65 |
£7,206 |
|
| |
Female
70 |
£8,194 |
|
| |
Female 74 |
£9,170 |
|
|
| 3% escalation annuity rates |
| Male Single Life |
Female Single Life |
| |
Male
55 |
£4,179 |
|
| |
Male
60 |
£4,909 |
|
| |
Male
65 |
£5,847 |
|
| |
Male
70 |
£7,130 |
|
| |
Male
74 |
£8,668 |
|
|
| |
Female
55 |
£4,006 |
|
| |
Female
60 |
£4,657 |
|
| |
Female
65 |
£5,558 |
|
| |
Female
70 |
£6,884 |
|
| |
Female 74 |
£8,277 |
|
|
| The above table is based on a limited number of annuity features and should be used as a guide only. It is important therefore that you shop around for annuities specific to your circumstances. Use the following for a free annuity quote. |
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Annuity rate notes:
The table shows the best open
market option pension annuity rates for smoker single annuitants based on:
| • |
Purchase price of £100,000 - this assumes an original pension fund of £133,333 and after the
tax free lump sum of £33,333 has been taken; |
| |
|
| • |
Annuity rates are payable monthly in arrears and show the gross income (before deduction of tax); |
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|
| • |
Level annuity rates pay the same income per month for the whole of the annuitants life; |
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|
| • |
Level annuity rates + 10-year guarantee pay the same income per month for the whole of the annuitants life and in the event of an early death, guaranteed to be payable to the estate for 10 years from the start of the pension annuity; |
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|
| • |
3% escalation annuity rates increase the monthly payments each year by 3% for the whole of the annuitants life; |
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|
| • |
Annuity rates are for single males and single females from the ages of 55 to 74 years. |
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|
| • |
No medical enhancements are included in these rates. |
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|
| • |
The annuity rates table is only a guide as rates
change frequently. Please request a free
annuity quote for an accurate income for your retirement annuity. |
At retirement you can use your pension to buy an annuity with
the option to use an open market option to search for the highest smoker pension annuity. Once you have purchased an annuity it cannot be changed, so learn more about annuities, compare annuity rates and before making a decision at retirement, secure a personalised pension annuities quote offering guaranteed rates. |
