Rates
Annuity rates UK chart: the published rates by age and shape
Updated
The annuity rates UK providers and brokers publish cluster at age 65: of 17 rate pages our index read in October 2026, three published a figure, from 7.45% to 8.19%. This table sets out every one, so you can see what is published and what is not before you ask for your own quote.
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How this calculator works
- Every percentage above is an input for you to replace, not a market figure. We publish no annuity rate and no standard reduction, because rates are set by providers daily against gilt yields, your age, your health and your postcode, and no public source sets a market rate. The defaults are round numbers chosen to show the SHAPE of each trade-off.
- The calculator multiplies the reductions together rather than adding them, which is how the trade-offs actually compound. Replace each one with the figure a provider quotes you and the arithmetic becomes yours rather than illustrative.
- Index linking usually reduces the starting income substantially, and the point at which an escalating annuity overtakes a level one depends on how long you live and on inflation. That is a genuine trade-off with no general answer.
- Health and lifestyle can increase the income offered through an enhanced annuity. Providers cannot offer what they have not asked about, so the questions matter as much as the shopping around.
- Tax is not modelled. Pension income above your Personal Allowance is subject to Income Tax, and taking a large amount from a private pension can mean paying at a higher rate; lump sums above your lump sum allowance are also taxable. See the gov.uk guidance cited below and take advice on your own position.
Annuity rates table, UK, October 2026
| Age and shape | Published rate | What the page says | Source |
|---|---|---|---|
| 65, single life | 8.19% | Best single life rate, Standard Life, 0.16 points above September | Retirement Line best annuity rates tables |
| 65, single life | 7.75% | About £7,750 a year; best buy about 8.36% | PensionHelper annuity rates by age |
| 65, single life | 7.5% | Above 7.5% at 65 since the start of 2025 | Retirement Expert annuity rates |
| 65, 50% joint life | 8.02% | Best 50% joint life rate, Scottish Widows | Retirement Line best annuity rates tables |
| 65, 100% joint life | 7.45% | Best 100% joint life rate, Scottish Widows | Retirement Line best annuity rates tables |
A rate is the yearly income as a share of the pot: 7.75% on £100,000 is about £7,750 a year before tax. The median of the five published figures is 7.75%. Every row is in the UK Annuity Rate Index, with the date each page was read.
Annuity rates by age
Rates rise with age at purchase, because the income is expected to be paid for fewer years. But every rate the pages our index read in October 2026 published is for age 65: no rate for another age was published in a form our reviewers could check, so this table carries none. Use the calculator to see how your own age and options move an income.
Annuity rates UK age 60
A rate at age 60 is not published by any of the pages our index read in October 2026. Expect it to be lower than the 65 figures above, for the reason given under annuity rates by age, and ask for a quote on your own details.
Annuity tables UK: what they leave out
- They are best buys for a standard healthy person. Health and lifestyle answers can lift your own quote above them.
- They are level rates. An escalating or index linked annuity starts lower; see the options.
- They have a short shelf life. Providers reprice as gilt yields move; see what moves annuity rates.