Pension annuity rate tables; new layout for enhanced annuity and smoker annuity rates soon to be launched on this pension annuity website. The leading standard annuity quotes we will be using are likely to be higher than the annuity quote you have from your current pension plan provider. If so, the percentage difference illustrated when compared to your quote will be that much greater. You also need to bear in mind that any increase in retirement income that you might be entitled to is payable each and every month of each year and for life. If the increased payment is, say, £30 per month, it could actually be payable for 20 years or more, and that’s a total of £7,200 extra for those 20 years.
The enhanced smoker annuity rates we are using have been supplied by MGM Advantage, a leading enhanced annuity provider, and the leading standard annuity quotes have been supplied to us by AEGON Scottish Equitable. These quotes are representative of some of the best pension annuity rates available. The figures shown are on a level payment basis, which means that the pension annuity is fixed for life, payable monthly in arrears. Rates do change and you should always ensure you get updated quotes. Keep an eye out for these changes.