What is an Annuity?
An annuity provides you with an income for the rest of your life and is purchased from an insurance company using your accumulated pension funds.
The Open Market Option
There are many types of annuity available on the market. We will take all these options into account when we discuss your requirements with you.
Each insurance company offers a different annuity rate. Although your existing provider may offer you an annuity income, because annuity rates differ between companies, your provider may not offer you the best income or the most suitable. Your provider will offer you the option to utilize the Open Market Option thereby allowing you to purchase your annuity with an alternative provider. It is essential that you ‘shop around’ in this way for the best annuity rate you can achieve.
‘The Retirement Adviser’ is here to guide you through your options and assist in ‘shopping around’ for the best offer for you. Take action now and ask ‘The Retirement Adviser’ to advise you – get the income you deserve.
Call us now on our FREE helpline 0800 022 3103.
Leave your details with us and we will contact you to see how we can help you.