Get Enhanced Annuity Quotation Form

We are a specialist UK financial services group focusing on attractive segments of the UK retirement income market. The Group is a leading and established provider of retirement income products and services to individual and corporate clients.

With annuities, the worse your health, the more money you may receive. An enhanced annuity offers you higher regular payments because of your medical history or current state of health. It's sometimes also known as an “impaired life annuity” or “enhanced pension annuity”.

An enhanced annuity is simply an annuity that pays a higher income. You can get one if your annuity provider believes your life expectancy is lower than average (because then it won't have to pay out for so long).

Annuity Pension pot sizeMonthly income if taking tax-free 25% lump sum upfrontMonthly income including 25% tax-free allowance£500,000£1,250£1,667

Can I retire at 55 with £400k in the UK? You can retire at 55 with £400k in the UK, as this might reasonably give you £12-16K income a year sticking to the recommended 3-4% a year safe withdrawal rate. However that barely covers minimum income standards in the UK, much less provides for a comfortable retirement.

Using the UK Government's pension annuity calculator, you'll see that if you buy a £300,000 annuity at age 65, you could receive: A maximum, tax-free lump sum of £75,000. An annual, taxable income of £11,900 for the rest of your life.

The rule essentially states that you can withdraw 4% annually from a well-diversified retirement portfolio, adjust your 4% every year for inflation, and expect your money to last for at least 30 years.

You can retire at 55 with £400k in the UK, as this might reasonably give you £12-16K income a year sticking to the recommended 3-4% a year safe withdrawal rate.