Use our annuity Best Buys to gauge the best rates on offer for a £10K purchase price.
If you are a smoker or have health problems, look at sample rates for a £10K purchase price.
Use our annuity Best Buys to select the best rates for a £10K purchase price.
Annuity Glossary Annutiy terms explained..
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You can take up to 25% of your pension savings as a tax free lump sum but the rest has to be used to provide you with an income in retirement. For most people this will mean buying an annuity by the age of 75. Annuities come in a variety of styles and you should explore which type suits you best. For more information, take a look at our annuity guide.