Opening Hours

Open at 9:00am today

Opening Hours

  • Monday - Thursday

    9:00am - 8:00pm

  • Friday

    9:00am - 5:30pm

  • Saturday

    9:00am - 5:00pm

  • Sunday

    Closed All Day

Our Address

Key, Baines House,

4 Midgery Court, Fulwood,

Preston, PR2 9ZH


0808 156 2693

If you have a private pension or ‘money purchase’ company pension you’ll be able to take some of the cash you’ve accumulated as a tax-free lump sum, typically up to 25%. All or part of the rest can then be used to buy your annuity.

Annuities at a glance

  • You can buy a conventional annuity from the age of 55
  • Once you have bought an annuity it is not possible to change your mind
  • It’s important to consider all choices, not just the highest rates, to ensure your annuity suits your circumstances
  • Any income generated is added to any other income and is taxed accordingly
  • Rates vary by annuity provider and income from an annuity can vary according to
    • The size of your pension fund. Some providers offer better rates for people who can invest large amounts
    • ​Your age. The older you are the more income you will get each year
    • ​Your health and lifestyle choices. You may qualify for an enhanced annuity
    • Where you live. Providers may use figures on mortality rates linked to your postcode area to determine your annuity income
    • The income features you choose when you buy your annuity

Boost your income by up to 27%*

It's very easy to simply sign your forms and accept the annuity offered from your current pension provider... but that could literally cost you thousands of pounds!

Don't make a very expensive mistake by missing your opportunity to exercise your 'open market option'. This allows you to shop around and get quotes from other annuity providers. 

You could boost your income by up to 27%* by shopping around to see what rates are available

If you're worried that it's complicated and time-consuming Key can do all the hard work for you. You'll get quotes from the whole annuity market so you can be confident you have all the facts before committing to anything.


*Based on Key's average customer 2017 - Male, Married, aged 66, history of heart attack, diabetes, high blood pressure and a smoker, fund value £51,754. It depends on your individual circumstances if you are able to achieve these increases above.

How much income could you get with an annuity?

Try our free online annuity calculator for an instant quote.


Best Quote Guarantee

We will not be beaten on rate or we will pay you £100!^

Remember - It's worth shopping around as your income will vary between annuity providers. Challenge us today and we'll search the whole of the market for you!

^Terms and conditions apply. To find out more speak to a retirement income specialist on 0808 156 2693.