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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: 21 December 2008
| Level annuity rates + 50% spouse |
| Male + Female spouse joint rates |
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Male
50 and Female 50 |
£6,048 |
|
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Male
55 and Female 55 |
£6,480 |
|
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Male
60 and Female 60 |
£7,056 |
|
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Male
65 and Female 65 |
£7,896 |
|
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Male
70 and Female 70 |
£9,048 |
|
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Male
74 and Female 74 |
£10,356 |
|
|
| Level annuity rates + 100% spouse |
| Male + Female spouse joint rates |
| |
Male
50 and Female 50 |
£5,736 |
|
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Male
55 and Female 55 |
£5,988 |
|
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Male
60 and Female 60 |
£6,420 |
|
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Male
65 and Female 65 |
£6,996 |
|
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Male
70 and Female 70 |
£7,836 |
|
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Male
74 and Female 74 |
£8,784 |
|
|
| 3% escalation annuity rates + 50% spouse |
| Male + Female spouse joint rates |
| |
Male
50 and Female 50 |
£3,936 |
|
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Male
55 and Female 55 |
£4,332 |
|
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Male
60 and Female 60 |
£4,872 |
|
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Male
65 and Female 65 |
£5,664 |
|
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Male
70 and Female 70 |
£6,876 |
|
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Male
74 and Female 74 |
£8,256 |
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| 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 joint annuitants based on:
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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; |
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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 + 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; |
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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; |
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Annuity rates are for joint males and females as a spouse from the ages of 50 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. |
