Annuities
Compare Annuities: Life Annuity, Pension Annuity, Retirement Annuity and Fixed Annuity
- Fill in the short form and tell us more about the annuity you are interested in.
- Tell us more about yourself, so we can find an offer tailored to your needs.
- An adviser will contact you and provide you with advice on available deals.
- Guaranteed income for life when you retire
- Quickly turn your pension into an income
* Based on the difference between the minimum standard annuity and the maximum enhanced annuity for a 65-year-old male smoker with medical conditions. Details correct as of 25/11/2011.
The value of your investments (including property) and the income derived from them can go down as well as up. You may not get back the full amount you have invested. If you are in any doubt you should consult an appropriate Financial Adviser.
What is an annuity?
A pension annuity converts your pension fund into a regular income.
When to buy?
You can buy an annuity at any age from 55 to 75.
How much can you save?
You do not have to buy your annuity from your pension provider. There might be 40% difference between the best and worst annuities so it’s worth shopping around.
Would you like to increase your retirement income with a cheap pension annuity that pays out more money? BeatThatQuote.com can simplify your search of the cheapest annuity pensions and compare the best annuity rates in the UK to discover which annuities provider can make your retirement wealthier. Search and switch your pension annuity online today to maximize your retirement income and make your new-found freedom as affluent as you can. It will take you only minutes to discover which annuity pension in the UK can make your retirement the time of your life. It's fast, free, without obligation and secure.
Finding the best annuities is easier with BeatThatQuote.com. A pension annuity is a regular retirement income that is paid to a person by a life company in exchange for a lump sum. Annuity payments can be either regular amounts paid at regular intervals for life, for example on a monthly basis, or larger sums paid less often.
Annuities in the UK can be grouped into two areas: an annuity which is taxable as earned income and is bought from a pension scheme (known as a Compulsory Purchase Annuity) or an annuity that is taxed at a lower rate than a Compulsory Purchase Annuity due to it being bought with a person's own capital (known as Purchased Life Annuity). Whether it's a Compulsory Purchase Annuity or a Purchased Life Annuity you require, it makes sense to buy the cheapest annuity that pays out the highest return.
What is a pension annuity rate?
A pension annuity rate in the UK is the annual retirement income paid to you by an annuity provider. Annuity pension rates can differ for men and women of the same age due to life expectancy.
Women are generally expected to live longer than men so their annuity rates are more often lower than that of a man. The age at which you start your annuities in the UK also affects your retirement income. Pension annuity rates will increase the older you start due to your decreased life expectancy. Whatever age or gender you are at retirement it is never too late to shop around and buy the cheapest annuity pension with the highest return. Make your future more enjoyable and care free by increasing your retirement income today.
Fixed Annuity
In the UK, a fixed annuity guarantees how much the payments of your retirement pension will be, but those payments are likely to be smaller than if your opt for a variable annuity. By opting for a fixed UK annuity, you ensure pension payments that are not dependent on the vagaries of the stock market.
Impaired Life Annuity
If you contribute to a UK pension fund and have certain health problems, you may qualify for an impaired life annuity. In the UK, an impaired life annuity is designed for people whose life expectancy is reduced.
Variable Annuity
In the UK, a variable annuity allows you to choose where to invest your money. The value of your pension depends on the performance of your investment. This can be a complicated area, so if you are considering a UK variable annuity, it is imperative that you receive professional advice.
