Live Annuity rates – Get This Months Current Rates
Annuities are now an attractive option for those nearing retirement who prefer the security of a guaranteed income through retirement that will never fall. An annuity provides you with a steady income stream throughout your retirement years, ensuring you have a reliable source of income to cover your expenses.
IMPORTANT – get professional, qualified advice about your retirement options if you are planning to retire soon to make sure you are getting the best income and benefits in retirement.
Some key information on Pension Annuities includes:
- The average annual annuity income has risen by nearly £700 over the past 12 months.
- The break-even point (the point at which you would receive your original pension back through income) has also been reduced by six years, falling from 22 years to 16 years.
- Annuities are an attractive option for those who prefer the security of the guaranteed income they provide through their retirement.
- Investment markets remain volatile, making returns from drawdown pensions uncertain. Annuities are an alternative for providing a retirement income that will never fall.
Once you purchase an annuity and lock in a rate, the income you receive is completely secure and will continue for the rest of your life, regardless of what happens in the stock market or the broader economy.
This means that even if you live to be 100 or beyond, you will still receive regular payments. However, it’s important to note that depending on how long you live after purchasing the annuity, you may receive less than what you originally paid into it.
Despite this, the annuity provides a reliable source of income that is not impacted by market fluctuations.

