Tools
Annuity Calculator
See how much guaranteed income your pension could provide. Compare live rates from every major UK provider.
How it works
From first estimate to confirmed rate, the whole process takes minutes
1. Get instant quotes
Enter your pension value to see estimated annual income from every major UK annuity provider no personal details required at this stage.
2. Enhance with your details
Add health, lifestyle, and dependant information. Conditions like high blood pressure or diabetes often qualify you for a significantly higher rate.
3. Advice from an IFA
When you are ready, book in an IFA call with an independent financial adviser reviews your quotes, explains the trade-offs, and guides you through to the best rate for your circumstances.
Quotes from every major UK provider
We search the whole market so you never miss a better rate
All providers are FCA-regulated.
Ready to see your rates?
Enter your pension value below and compare live annuity income estimates from all eight UK providers no commitment required.
Or speak to an adviser for a personalised recommendation.
What is an annuity?
Exchange your pension for a guaranteed income
An annuity converts your pension pot into a regular income paid directly to you for the rest of your life. You buy it from an insurance company and receive a set amount monthly or annually regardless of how long you live or what happens to investment markets.
Unlike drawdown, there is nothing left to manage or monitor. Your income is fixed and certain, which makes annuities particularly valuable as a foundation for your retirement income alongside your state pension.
Guaranteed income for life
No matter how long you live, your annuity income keeps coming. You can never outlive it.
Whole-of-market rates
Rates vary significantly between providers. Comparing all of them is essential to securing the best deal.
Your health improves your rate
Medical conditions and lifestyle factors including smoking can qualify you for an enhanced rate that pays more.
Enhanced annuities may increase your rate
If you smoke, take medication, or manage a medical condition, you may qualify for a higher guaranteed income than a standard annuity quote would suggest.
FAQ's
Everything you need to know about annuities and getting quotes