Open Market Option
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The open market option gives you the opportunity to shop around for the best annuity rate in the UK. It is available on both standard annuities or “with profits” annuities. The quote provided by your pension provider is something to consider as well, taking it into account when looking at options. If your pension has been around for some time, you may be able to get a Guaranteed Annuity Rate (GAR), which could be higher than most annuity rates today.
The open market option compares annuity rates that are out there, and gives you a greater amount of choice between annuities, in order to find the best one for your individual situation
As we are Independent we can research the whole of the market to find you the highest Annuity Income.
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