Best Buy Annuity for MEN aged 65
Compulsory Purchase Annuities (What’s an annuity?)
Purchase price per £50k
The figures below show what each £50,000 in your pension pot will buy you. So if you have £100,000 in your pension fund you can multiply the figures below by 2. 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 | £2568.78 p.a | £2559.41 p.a | £1289.81 p.a | Will I Get this Rate? |
| Legal & General | £2516.64 p.a | £2511.48 p.a | £1293.48 p.a | Will I Get this Rate? |
| Hodge Lifetime | £2469.00 p.a | £2466.00 p.a | – | Will I Get this Rate? |
| Canada Life | £2469.00 p.a | £2465.40 p.a | £1215.00 p.a | Will I Get this Rate? |
| Just | £2375.76 p.a | £2373.24 p.a | £1171.56 p.a | Will I Get this Rate? |
Date updated: Timestamp 2019-05-17 (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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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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