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- The current annuity rate for pensions in 2024 is 6.46%1. Here is a comparison of the best annuity rates from the current top five providers2:
- Based on average annuity rates at June 2024 for ages 65-80 with a £40K pension pot, 5-year guarantee period, and 50% dependent’s pension1.
- Calculations are based on how much a healthy 65-year-old with £100,000 could expect to receive as a yearly income from a single-life annuity, a joint-life annuity, and a joint-life annuity with a 3% yearly rise2.
Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.As at June 2024 our latest annuity rate is 6.46%, significantly higher than the 5.24% we saw in June 2022. *Based on our average annuity rates at June 2024 for ages 65-80 with a £40K pension pot, 5 year guarantee period and 50% dependant’s pension.www.legalandgeneral.com/retirement/pension-ann…Here is a comparison of the best annuity rates from the current top five providers. All figures are correct as of April 2024. The calculations are based on how much a healthy 65-year-old with £100,000 could expect to receive as a yearly income from a single-life annuity, a joint-life annuity and a joint-life annuity with a 3% yearly rise.www.unbiased.co.uk/discover/pensions-retirement/… - People also ask
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