Smoker joint rates:
This page shows UK smoker annuity rates, joint life only for males with a female spouse, or try other annuity rates for more annuity options.
These annuities are only a guide as rates
change frequently. Please request a free
annuity quote for an accurate income for you
based on your own personal retirement circumstances.
These rates are for a pension purchase price of £100,000 after the
tax free lump sum of £33,333 has been taken.
Last updated: 20 August 2008
Level annuity rates + 50% spouse
Male + Female spouse joint rates
male
50 and female 50
£6,204
male
55 and female 55
£6,576
male
60 and female 60
£7,116
male
65 and female 65
£7,836
male
70 and female 70
£8,880
male
74 and female 74
£9,972
Level annuity rates + 100% spouse
Male + Female spouse joint rates
male
50 and female 50
£5,832
male
55 and female 55
£6,048
male
60 and female 60
£6,408
male
65 and female 65
£6,948
male
70 and female 70
£7,692
male
74 and female 74
£8,472
3% escalation annuity rates + 50% spouse
Male + Female spouse joint rates
male
50 and female 50
£4,068
male
55 and female 55
£4,452
male
60 and female 60
£5,064
male
65 and female 65
£5,856
male
70 and female 70
£6,912
male
74 and female 74
£8,016
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 an annuity specific to your circumstances. Use the following for a free annuity quote.
Annuity rate notes:
The above table shows the best open
market option pension annuity rates for smoker joint 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);
•
Level annuity rates pay the same income per month for the whole of the annuitants life;
•
Level annuity rates + 50% spouse (or + 100% spouse) pay the same income per month for the whole of the annuitants life and on death, pays 50% of the income (or 100%) to your spouse for the whole of their life;
•
3% escalation annuity rates + 50% spouse increase the monthly payments each year by 3% for the whole of the annuitants life and on death, pays 50% of the income to your spouse for the whole of their life;
•
Annuity rates are for joint males and females as a spouse from the ages of 50 to 74 years.
•
No medical enhancements are included in these rates.
•
The annuities rates tables are only a guide as rates
change frequently. Please request a free
annuity quotefor an accurate income for your retirement annuity.
Disclaimer:
Information found on this site does not amount to financial advice or
legal advice. Every time you access the website you agree to be bound
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If you do not agree to be bound by them, you should not use the sharingpensions.co.uk
website. Before taking any action regarding pensions, pension on divorce
or any other financial or legal matter you should seek professional
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