You can buy a standard or enhanced rate annuity, direct from us, with as little as £1,000.
The amount of income you’ll be offered will largely depend on the following factors:
To get a quick idea of how much income we could offer you, why not try our annuity calculator. There's no need to register and you can see how adding different annuity options could affect your income.
Assuming all other things are equal, a fixed income will pay a higher starting income than an increasing income. The larger the annual increases you choose, the lower your starting level of income. Your pension income will be subject to income tax and will depend on your individual circumstances.
If you have one or more medical and/or lifestyle conditions, you could qualify for extra income through our enhanced annuities.
Monday to Friday, 9am to 5pm
We may record and monitor calls. Call charges will vary.
We could offer you extra income from our Pension Annuity if common health risks like smoking or being overweight apply.
We could offer you extra income from our Pension Annuity if you suffer or have previously suffered from one or more qualifying medical conditions.
You can buy your annuity from any provider. See how we compare by visiting the Money Advice Service's independent website.