Get a guaranteed income for life

Compare pension annuity rates

Why choose Annuity Ready?

Enter your information once and we can search the whole of the market to see if we can find you a higher annuity income than offered by your current pension provider.

Our pension lifetime annuity calculator includes health and lifestyle questions. So, if you’re eligible, we can find you enhanced annuity quotes without the need for follow up phone calls.

On-screen comparison

Unlike some other sites, we’ll show you an on-screen comparison of annuity quotes from UK annuity providers. We won’t pass your details onto third party advisers or offer you advice.

Almost 200 years’ experience

Part of Legal & General Group, one of Europe’s largest insurance and asset management groups, yet we operate independently to bring you unbiased, no obligation quotes.

Award-winning service

This award from The Financial Services Forum reflects our dedication to putting our customers first and making it as easy as possible to compare annuity rates online.

We’re campaigning to Get Britain Pension Ready

Annuity Ready’s annual research found that pension and retirement planning continue to feel like navigating a complex minefield. With Generation X in particular facing a retirement readiness challenge.

Only 28% of those born between 1965 and 1981 are on track to meet their savings goals for a comfortable retirement.

So, we've teamed up with TV and radio presenter Angellica Bell to encourage everyone to Get Britain Pension Ready.

Get an annuity in three steps…

It’s important to shop around before you buy an annuity. At Annuity Ready, we allow you to compare rates from the whole market. Just follow these three steps to see if you could secure a higher income for your retirement.

Research your options

Buying an annuity is an irreversible decision. You may want to take advantage of your right to guidance from Pension Wise, the Government’s free and impartial service, offering support to help you make sense of the options available.

You can book an appointment online or by calling 0800 011 3797.

Compare annuity rates

Fill in our form and compare annuity rates from all providers in the open market.

Remember, supplying us with your health and lifestyle information may allow us to find enhanced annuity quotes. These could provide you with a higher income.

Apply with Annuity Ready

Once you've compared results you can adjust your quote to see how variables like payment frequency could affect your annuity income. You can even save your quotes to review later.

If you find an annuity rate you’re happy with, simply apply with Annuity Ready.

"We can help you find out if you can get a higher income with an enhanced annuity."

What is a pension annuity?

A pension annuity is an insurance policy that you can buy with some, or all of, your pension pot to secure a regular guaranteed income. There are different annuity types to suit different needs.

At Annuity Ready, we help you to compare pension lifetime annuity rates from all providers in the open market.

If you’re planning your retirement and want the certainty of a guaranteed income for life, then a pension lifetime annuity may be right for you.

You can use our annuity calculator if you’re aged between 55 and 84 years 9 months, live in the UK and have a pension fund over £2000.

Why buy an annuity?

Guaranteed income for life

Enjoy peace of mind through your retirement in knowing you can’t outlive your money.

Enhanced annuities

You could receive a higher income if you have certain medical conditions and/or are overweight, or smoke.

Up to 25% tax-free lump sum

You can take up to 25% of your pension fund tax-free before you buy your annuity.

Low-risk, fixed rate income

Your annuity income will not be affected by stock market volatility or economic uncertainty.

Leave something behind

You can choose annuity options to provide for your loved ones after you’ve gone.

100% FSCS protected

Your annuity income is protected by the Financial Services Compensation Scheme.

Protect against inflation

You can choose to have your annuity income increase annually to help keep up with inflation.

Available from age 55

You don’t need to retire to buy a lifetime annuity.

Annuities Explained

Want to learn more about your pension options? Read our useful guides for information on whether an annuity may be right for you.

Annuities vs drawdown

What you need to know if you want to access your savings to finance your retirement.

Research your options

Single vs joint annuities

Consider including a guaranteed income for your spouse if you die before them.

Understand the difference

Frequently asked questions

Help make an informed decision about whether an annuity is right for you.

Common annuity questions