Annuity

UK Immediate Needs Annuity: The Decision Framework

An immediate needs annuity converts a lump sum into a guaranteed income for life paid directly to the registered care provider. The income is tax-free when paid this way. The annuity transfers longevity risk to the insurer at the cost of giving up the capital, suiting savers who want

16 Jun 2026 · 7 min read

Annuity Rates UK: Annuities, Interest Rates and How Much You Get

A UK annuity rate is the gross annual income paid on each pound of purchase price. Rates are set by long-dated gilt yields, the provider's mortality view, and the features attached to the contract. Two applicants with the same pot can be quoted very different rates depending on age, health, and sha

16 Jun 2026 · 10 min read

Level vs Escalating Annuity Explained: A UK Comparison

A level annuity pays the same gross income for life; an escalating annuity starts lower but rises each year. The choice trades higher early income against protection from inflation over a long retirement. The right shape depends on age, other inflation-linked income, and how long the buyer expects

17 Jun 2026 · 11 min read

UK Immediate Needs Annuity Explained

An immediate needs annuity is a single-premium insurance contract bought at the point of entering care that pays a guaranteed income to the care provider for life. Payments to a registered provider are exempt from UK income tax. The contract transfers longevity and cost-inflation risk to the insure

17 Jun 2026 · 11 min read

Purchased Life Annuity

A purchased life annuity is a contract under which an insurer pays the holder a fixed (or index-linked) income for life, or for a defined term, in...

16 Jun 2026 · 8 min read

Annuity Or Drawdown

For most of the 20th century, a UK saver with a defined contribution pension pot had only one realistic option at retirement: convert the pot into a...

16 Jun 2026 · 8 min read

Annuity Advice Centre

An annuity is a contract with a life insurance company that converts a pension pot into a guaranteed income for life (or a fixed period).

16 Jun 2026 · 8 min read

Fixed Term Annuity

A fixed-term annuity (sometimes called a temporary annuity, fixed-term retirement plan, or fixed-term income plan) is one of the income options...

16 Jun 2026 · 7 min read

Best Annuity Providers UK 2026 - Rates and Types Compared

Annuities convert your pension pot into a guaranteed income for life. Compare UK providers on rates, enhanced annuities and joint life options.

12 Jun 2026 · 2 min read

UK Annuity Rates April 2026 — Are Gilt Yields Making Now the Best Time to Buy?

UK annuity rates are at 15-year highs in April 2026. A £100,000 pot can now buy up to £7,954/year. Here's what's driving rates, who should act now, and how to get the best deal.

18 Apr 2026 · 5 min read

Best Annuity Rates UK 2026: Compare and Find the Best Deal

Best annuity rates UK 2026 Annuity rates in the UK have improved significantly since 2022 as interest rates rose. A healthy 65-

18 Apr 2026 · 4 min read

Annuity vs Drawdown: Which Is Better for Your Pension? 2026

Annuity vs drawdown: which is right for you? When you reach retirement age, you'll need to decide how to take

18 Apr 2026 · 3 min read

Best Annuity Rates UK 2026: How Much Income Will Your Pension Buy?

An annuity converts a pension pot into a guaranteed income for life. Annuity rates in 2026 are influenced by gilt yields and

17 Jun 2026 · 11 min read

Drawdown vs Annuity UK 2026 — Which Is Better for Retirement?

Pension Guide — April 2026 When you retire and access your pension you face a critical decision: take flexi-access drawdown — keeping your

18 Apr 2026 · 2 min read