How are annuity rates calculated?
Find clear, straightforward answers to common questions about pensions, retirement planning, investments, fees and charges, and the services we provide.
They’re based on factors like age, health, annuity type, and current interest rates. Providers use this information to calculate how much income they can offer per £1,000 of your pension pot.
Also In this section:
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Can I combine an annuity with drawdown?
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How are annuity rates calculated?
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When’s the best time to buy an annuity?
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Can I leave money to family?
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Are annuities protected if the provider fails?
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Do I need financial advice?
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Can I have more than one annuity?
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Can I use a defined benefit pension to buy an annuity?
