You can buy a standard or enhanced rate annuity, direct from us, with as little as £1,000.

Best mainstream annuity provider winner, Moneywise pension awards 2014

How much income will I be paid?

The amount of income you’ll be offered will largely depend on the following factors:

  • the size of your pension fund
  • annuity rates and market conditions when you buy
  • your age and postcode (if provided)
  • the annuity options you choose
  • the state of your health and certain lifestyle choices

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.

Why postcodes?

We believe that where you live is an effective indicator of life expectancy. If you give us your postcode we may be able to offer you extra income. We will never reduce our offer based on your postcode.

Call us for a quote

0800 048 0302

Monday to Friday, 9am to 5pm

We may record and monitor calls. Call charges will vary.

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Extra income for health risks

We could offer you extra income from our Pension Annuity if common health risks like smoking or being overweight apply.

Extra income for medical conditions

We could offer you extra income from our Pension Annuity if you suffer or have previously suffered from one or more qualifying medical conditions.

Income comparison tables

You can buy your annuity from any provider. See how we compare by visiting the Money Advice Service's independent website.