Annuity rates rose to 7.51% by end of 2025

The provider's Annuity Rates Tracker – which monitors current average annuity rates across the market for those annuitising at ages 60, 65, and 70 – rose by 5.48% during 2025, ending the year at 7.51%. Standard Life said the rise was worth an extra £7,000 to £9,000 in lifetime income for a healthy 65-year-old, adding a £100,00 pension pot now delivers up to £7,510 per year, up from £7,150 a year prior. Source: Standard Life Standard Life added a healthy 65-year-old man who bought an annuity in December 2025 at a rate of 7.51% could expect a total lifetime income of £150,000, wh...