17/06/2026
Good news if you're approaching retirement: Scottish Widows have increased their annuity rates, for both standard annuities and impaired life annuities (these can pay a higher income if you have certain health conditions or lifestyle factors, like smoking).
An annuity turns your pension pot into a guaranteed income for life, with no investment risk, so if your pension is due to mature soon, now's a good time to see how much more you could get.
Get a free, no-obligation quote: https://www.retirementprofessionals.co.uk/compare-annuity-calculator/