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Find out what kind of annuity rate your pension could buy you

As you near retirement, your pension provider will offer you the option of buying an annuity through them. Whilst this is an easy and convenient option, your provider won't necessarily give you the best annuity rate for your hard earned savings.

To help you get the best rate, be honest about your health status and if you're a smoker. Certain health conditions may mean you could qualify for an enhanced annuity, which could pay up to 30% more. Find out more about enhanced annuities.

How much will I get?

The annuity rate you receive will depend of a number of factors, including:

  • Pension pot size
  • Your age
  • Flexible options you select
  • Any advice fees you pay
  • Current annuity rates
  • Your health and lifestyle
  • If you take tax free cash
  • Any tax you need to pay

To get a better idea of your income at retirement, try our Pension Income Calculator, or for an accurate annuity quote, our Annuity Calculator.

Have a commitment free chat with a Pension Specialist

Call us on 0800 032 9301

TextDirect: First dial 18001

Lines open: 8.30am to 6pm Monday to Friday. We may record and/or monitor calls for training and audit purposes.

Start your conversation with a pension specialist today by telling us about:

  • Your current pension pots
  • Any contributions you're making
  • How much you've already saved