Annuity Best Buy Tables
Joint Life Annuities.
Purchase price per £10k joint-life
last survivor For a man aged 60 and Woman aged 55
Please
find below the best buy British providers for Joint
Life Annuities for MAN aged 60 and WOMAN
aged 55 for the week that ended 22 7 2007.
These were the best buys in the UK at the time and do not
necessarily reflect the true APR rate
This annuity is taken out by a couple and works as follows: When the first person dies the income passes to the survivor. When that survivor dies the annuity ends.
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
| Provider
|
|
|
Escalating
5% p.a. compound
without guarantee Explain
|
More
Info |
Norwich
Union
Minimum purchase price £10K |
£544.92
p.a |
£544.92
p.a |
£194.64
p.a |
|
| |
|
|
|
|
Canada
Life
Minimum purchase price £10K |
£541.44
p.a |
£541.44
p.a |
£249.60
p.a |
|
| |
|
|
|
|
| Legal
& General |
£531.96
p.a |
£531.96
p.a |
£228.36
p.a |
|
| |
|
|
|
|
| AEGON
Scottish Equitable |
£525.84
p.a |
£525.84
p.a |
£233.64
p.a |
|
| |
|
|
|
|
| Standard
Life |
|
£519.60
p.a |
£216.00
p.a |
|
| |
|
|
|
|
See
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age 55) to 8/7/07
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age 55) to 15/7/07
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.
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