Annuities - compare annuity rates

Once you’ve chosen your annuity, there’s no turning back – so making the right decision is essential. Here’s how Moneyfacts Annuity Service can help you:

We are here to help you make the right decision

Annuities Tick Compare annuity rates from annuity providers to get the income that suits you
Annuities Tick FREE indicative quotes, available online, or by phone
Annuities Tick Boost your retirement income if you qualify for an enhanced annuity

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Provided by: Premier Retirement Services

Annuity Service

For more information:
Call 01737 233 435
(quote MF106 when you call)

Lines are open Monday to Friday, except Bank Holidays, 9am to 8pm. Calls are charged at local rates and may be recorded or monitored


Shopping around for the right annuity rates could increase your retirement income by up to 40%*.

It is a common misconception that you can only purchase your annuity from your pension provider. You are free to take your pension pot and shop around the market to get the best annuity to suit you.

We can help you shop around

The Moneyfacts Annuity Service could help you get up to 40% more retirement income.
Our Online Annuity Planner will also assist you while shopping around for better annuity rates providing help with the following:

  • Comparing quotes from a variety of annuity providers
  • Establish whether you qualify for any ‘enhancements’ due to health and lifestyle which could further improve your  retirement income.
  • Understand all the options you have to help protect your income against inflation, extend payments to your dependents etc.
  • Show the effect that taking each option will have on your income
  • Ensure you are able to choose the options knowing that they suit your needs.

Do you qualify for an enhanced annuity?

Standard annuities, providers offer different annuity rates largely based on age. But many people – nearly 60%** –  may have a condition that could qualify for an enhanced annuity.

If you qualify for an enhanced annuity,  you could increase your pension income by as much as 40%* (depending on your health and lifestyle conditions). To help you make the right decision, Moneyfacts Annuity Service can help you by comparing annuity rates from annuity providers quickly and easily.

There’s a range of health and lifestyle conditions that are considered by enhanced annuity providers. These may include:

  1. Are you a smoker?
  2. Do you have high cholesterol?
  3. Are you overweight?
  4. Do you have serious or life-threatening medical conditions?
  5. Do you have raised blood pressure?
  6. Have you ever been hospitalised?

The list of medical conditions outlined above is not exhaustive.  So if you feel you might qualify for another condition it is worth giving us a call or visiting Moneyfacts Annuity Service.

What’s more, usually you can also choose to take up to 25% of your fund tax-free in cash, although this will mean you will receive a lower income in retirement.

Try our free online Annuity Planner.

Our handy online tool takes you through your choices in retirement, helps you learn about annuities and compare the latest annuity rates from a range of providers.
Once you’ve chosen, we’ll manage the entire process on your behalf, ensuring you receive the retirement income you deserve hassle free.

Click here to try Moneyfacts Annuity Service

* Source date: 03/12/2013. 40% is achieved by comparing the lowest standard annuity rate against the best enhanced rate for a person who has specific medical conditions: diagnosed with bowel cancer 2 years ago, treated with surgery and takes 2 medications daily. Quotes are based on a RH2 7RT postcode, for a 65 year old individual with a pension pot of £25,000 with a 5 year guaranteed period, no escalation and no value protection, which have been obtained from a leading panel of providers via Premier Retirement Services. The comparison is based on rates available via the open market option only and it should be noted that smaller increases will be achieved for less serious medical or lifestyle conditions.

** Just Retirement Research April 2013

What next?

Annuity service reviews - we asked customers who used the Moneyfacts Annuity Service, during 2012, what they thought of the website and whether we helped them get more income in retirement. Click here to read their testimonials.

Annuity jargon guide - we've compiled a jargon buster for some of the common terms you are likely to hear.

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Moneyfacts Annuity Service is provided and administered by Premier Retirement Services. Limited is registered in England and Wales, company no. 6615303. Registered office: Moneyfacts House, 66-70 Thorpe Road, Norwich NR1 1BJ. Authorised and Regulated by the Financial Conduct Authority.

Premier Retirement Services. A trading name of JLT Benefit Solutions Limited. Authorised and regulated by the Financial Conduct Authority. A member of the Jardine Lloyd Thompson Group. Registered Office: The St Botolph Building, 138 Houndsditch, London EC3A 7AW. Registered in England No. 02240496. VAT No. 244 2321 96. Please note your call may be monitored and recorded.

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