Annuity Rates at a 2014 High

24 April 2014

The average annuity rate secured by Retirement Line this year stands at an impressive 6% pa*. This welcome news follows the announcement of pension changes in the 2014 Budget, which left many commentators questioning the role of annuities.

So while some people are looking at alternatives, many others are waking up to the fact that an annuity remains the only way of turning their pension savings into a guaranteed income that will be paid for life - no matter how long they live.

With rates higher than they’ve been for some time, our comparison service reveals current annuity rates from the UK’s leading annuity providers. It shows you at a glance how much income you could secure.

Use our Retirement Income Calculator or call us on 0800 652 1316 today, and one of our Retirement Income Specialists will give you all the information you need to make your own informed decision, and help you set up your one year annuity.

*Average annuity rate achieved per annum through clients that proceeded from 1st January to 31^st March 2014 through our annuity comparison service. This includes both standard and enhanced annuities and a range of different options. To determine your individual rate please ask for a personalised illustration.