Annuity Best Buy Tables for MEN aged 60
Compulsory Purchase Annuities (What's
an annuity?)
Purchase price per £10k
to 7 1 2007
The figures below show what each £10,000 in your pension pot will buy you. So if you have £100,000 in your pension fund you can multiply the figures below by 10. This will demonstrate what your yearly pension payment would be.
Codes Used
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Provider
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Escalating
5% p.a. compound
without guarantee Explain
|
More
Info |
Canada
Life
Minimum purchase price £10K |
£602.40
p.a |
£601.20
p.a |
£318.96
p.a |
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| Scottish
Widows |
£599.64
p.a |
£596.64
p.a |
£305.64
p.a |
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| Standard
Life |
£588.00
p.a |
£585.60
p.a |
£296.40
p.a |
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Norwich
Union
Minimum purchase price £10K |
£587.64 p.a |
£585.84
p.a |
£281.52
p.a |
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Friends
Provident
Minimum purchase price £10K |
£584.16
p.a |
£579.72
p.a |
£304.80
p.a |
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Please note that while care has been taken to make sure the information displayed is correct, you must always confirm it yourself. Moneysorter Ltd cannot accept any liablity.
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Codes Used
2 = Minimum purchase price £10K
3 = With overlap for level guaranteed 5 years
4 = Minimum purchase price £1K
7 = Minimum purchase price is £5K
8 = Available to retiring manual construction workers. Do not pay commission to introducers.
Back to Table
Level without guarantee
This means that the income payments provided remain constant throughout the beneficiaries life.
Level guaranteed 5 years
This means that the income payments remain the same each year. But if the beneficiary dies within five years they are guaranteed to be paid for a minimum of five years. Whatever is due would be paid over to the heirs of the recipient.
Escalating 5% p.a. without guarantee
The income payments increase each year by 5% - ie so as
not to lose value against inflation. However they stop being
paid if the beneficaiary dies ie the next of kin doesn't
get anything further.
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