Age UK Annuity Service

The Age UK Annuity Service could increase your retirement income by up to 40%.*

Retirement is a time of great change. The chance to relax, take up new hobbies and enjoy life. But many people find that the retirement income they have looked forward to is lower than expected.

When you reach retirement age, you usually have to use the pension pot you’ve received to buy an annuity. This is a Plan which pays you a regular pension income. 

Annuities: You only get one chance

Boosting your retirement income is easier than you might think, but you only have one opportunity to shop around. Once you have committed to an annuity provider and started to receive an income, the decision can’t usually be reversed. So it is essential that you shop around and make sure you are getting a better annuity rate. It could make a difference of up to 40%* more retirement income. 

Why choose the Age UK Annuity Service?
The Age UK Annuity Service has been developed to give you all the information you need in an easy step by step process. At the end you will have quotes from up to 8 of the leading providers of annuities. So you will easily be able to compare which one will give you the best retirement income.

The providers of annuities on offer include Just Retirement, Aviva, Prudential and Legal and General.

Premier Retirement Services
The Age UK Group want to help you make a more informed decision about your annuity. That's why we have teamed up with Premier Retirement Services, who specialise in helping people make the most of their retirement income.

The Age UK Annuity Service is provided by Premier Retirement Services a division of JLT Benefit Solutions Ltd.

Calls are charged at the local rate and may be monitored and recorded for training purposes.

*Source date: 16/11/2011. 40% is achieved by comparing the lowest standard annuity rate against the best enhanced rate for a person who has medical conditions. Quotes are based on a RH2 7RU postcode for a 65 year old male with a pension pot of £25,000 with a 5 year guaranteed period, no escalation and no value protection which have been obtained from Avelo Exchange. The comparison is based on rates available via the open market option only. 

** If you call the 0845 number you will be dealing with Premier Retirement Services .

Age UK Enterprises Limited is authorised and regulated by the Financial Services Authority to introduce potential annuity customers.

The Age UK Annuity Service is provided by Premier Retirement Services. Premier Retirement Services is a division of JLT Benefit Solutions Ltd. Authorised and regulated by the Financial Services Authority. A member of the Jardine Lloyd Thompson Group. Registered office: 6 Crutched Friars, London, EC3N 2PH. Registered in England No. 02240496.

Age UK is the registered trademark of Age UK. The use of the name and logo are done so under a licence agreement between Age UK and Age UK Enterprises Limited, the commercial services arm of Age UK and part of the Age UK Group. 

Age UK is a charitable company limited by guarantee and registered in England (Registered charity number 1128267). Net profits generated by Age UK Enterprises Limited from selling products and services go directly to support Age UK's charitable activities. Age UK Enterprises Limited is registered in England and Wales number 3156159. Age UK Enterprises Limited Registered office: Tavis House 1-6 Tavistock Square, London WC1H 9NA.

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