Best Buy Annuity WOMEN

Best Buy Annuity for WOMEN aged 65

Compulsory Purchase Annuities

(What’s an annuity?)

Purchase price per £10k

The figures below show what each £10,000 in your pension pot will buy you. So if you have £100,000 in your pension fund you can multiply the figures below by 10. This will demonstrate what your yearly pension payment would be.

Provider Level without guarantee
Explain
Level guaranteed 5 years
Explain
Escalating 5% p.a. compound without guarantee
Explain
More Info
Aviva £488.62 p.a £486.87 p.a £247.19 p.a Will I Get this Rate?
Saga £487.20 p.a £485.88 p.a £265.44 p.a Will I Get this Rate?
Legal & General £485.16 p.a £483.84 p.a £264.24 p.a Will I Get this Rate?
Hodge Lifetime £460.00 p.a £458.00 p.a - Will I Get this Rate?
Canada Life £450.48 p.a £449.64 p.a £218.04 p.a Will I Get this Rate?

Date created: Timestamp 2017-08-17 (YYYY-MM-DD)

Please note that while care has been taken to make sure the information displayed is correct, you must always confirm it yourself. Moneysorter Ltd cannot accept any liability.

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MoneyFacts

 

Level without guarantee

This means that the income payments provided remain constant throughout the beneficiaries life.

Level guaranteed 5 years

This means that the income payments remain the same each year. But if the beneficiary dies within five years they are guaranteed to be paid for a minimum of five years. Whatever is due would be paid over to the heirs of the recipient.

Escalating 5% p.a. without guarantee

The income payments increase each year by 5% – ie so as not to lose value against inflation. However they stop being paid if the beneficaiary dies ie the next of kin doesn’t get anything further.

 

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