Open Market Option (shopping around) - You may not know that you DON’T have to take your income in retirement from the company that you have saved with all those years.
It’s long been the case, that people have the right to shop around all the annuity providers to find the best income possible from their accrued pension fund. This is called an Open Market Option. However, given the number of annuity providers out there and all the different options available, deciding which is the best one for you could be a real headache.
Don’t worry though, because help is at hand! We can search the whole market place to find the best possible income for you
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An Open Market Option could get you an average increase of 22%** for life and if you have health problems or your life style meets certain criteria you could get significantly more through an impaired or enhanced annuity.
Fill out our short form now and we will shop around for the best possible pension income based on your individual circumstances. CLICK HERE
* Assuming that the rate offered by your current provider is the worst standard rate available.
** Oxford Economics Study. The macroeconomic impact of shopping around for retirement income – December 2009 – In 2009, a 65yr old male and female about to purchase a fixed income can increase their annual income after retirement by switching from the lowest to the highest paying provider by an average of 19% and 22%, respectively.