Standard Life Annuities

Standard Life are a world renowned investments and savings company which was formed back in 1825 and can boast over 6 million customers.

Standard Annuities

Standard life have a range of annuity options including conventional annuities, with-profits annuities, enhanced annuities and purchased life annuities. Enhanced annuities pay a higher rate than conventional annuities and are suitable for those retirees who have any medical conditions that may impact on their life expectancy. The increase in income can be as high as 40% or more but the average uplift is between 20% and 25%.

Should I opt for a Standard Life Annuity?

This depends on your own personal preference and whether or not this is the best deal on the market. Although you may have been saving your pension with Standard Life, this does not mean you are obliged to take an annuity with them. We recommend comparing the annuity market and seeing which provider has the highest rate.