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Pensions

What is an enhanced annuity?

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In short: An annuity paying higher income because health conditions, lifestyle factors or postcode reduce life expectancy. Smokers and people with certain medical conditions often qualify.

Last reviewed:

Reviewed by Kaiser Khan

Declare all conditions when quoting — enhanced rates can exceed standard by 20%–40%.

Quotes are medically underwritten; honesty is essential.

See buying a pension annuity guide.

Primary source: gov.uk/tax-on-your-private-pension/what-you-can-do-with-your-private-pension-pot

Part of our Pensions & retirement

This quick answer sits inside our wider pensions & retirement hub — with sub-guides, calculators and step-by-step explainers on the same topic.

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