Annuity Inertia - Why Compare Annuities?
Shop around for a better Annuity deal to improve your retirement income
Rate comparisons (Pension Annuities)
Amount of pension per annum for £100,000 fund (after any tax-free cash has been taken). Single life annuity payable monthly without guarantee and no escalation.
| Male aged 65 | Female aged 60 | |
Ordinary Pension Annuity: | £6,582 - £7,608 | £5,062 - £6,310 |
Enhanced/Impaired Pension Annuity: | £6,582 - £8,842 | £5,062 - £7,662 |
Table shows:
- Variation between top and bottom rates demonstrate the need to shop around (the lower figures are taken from those offices prepared to quote. Customers may be offered even lower figures from other offices!)
- Eligibility for enhanced or impaired rates can provide a considerable increase in pension payable
Home - Investment - Pensions
