It assumes £100,000 invested for a a level and 3% escalation
basis for an individual aged from 60 to 75. The annuity is paid
gross in arrears, does not include a guaranteed period for the
income shown, based on a joint
life annuity with 100% dependents income, level basis. Please request a free quote for an accurate figure on a 3%
escalation basis. No enhanced annuity
rates are included, where the annuitant suffers from ill health,
is a smker or is overweight.
Last reviewed: August 2023
| Level Annuity, Joint Life |
| Male + Female 100% joint rates |
| |
male
60 and female 60 |
£5,230 |
|
| |
male
65 and female 65 |
£5,634 |
|
| |
male
70 and female 70 |
£6,417 |
|
| |
male
75 and female 75 |
£7,413 |
|
|
| 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. |
 |
|
|
The above table can be compared to the retirement income from pension
annuities or see annuity rates. This is only important where the annuitant wants
to maximise the income from a pension fund and must decide
whether to commute the tax free lump sum and to invest in
purchased life annuities, or use the money and take more pension
income. A comparison of annuity
taxation shows the best option for a basic rate taxpayer.
|
