Sample Annuity Rates
The following table is an example only but shows you the effect on your income of the options shown above. The highest possible income would be paid each year in arrears on a single life basis with no increases each year. If a 65-year-old man received an income on this basis of £10,000 a year, then changing the features would reduce the income by the following amounts.
|
Option
|
Income
|
|
Payments every month in arrears
|
£9,688
|
|
Including a 100% pension for a 62-year-old partner
|
£8,029
|
|
Including a 10 year guaranteed period
|
£9,692
|
|
Including 3% escalation each year
|
£7,359
|
|
Including increases each year linked to the RPI
|
£6,330
|
This table is an example only and actual rates will vary. These figures are stand alone; only one variable is being altered each time.
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