What is an Annuity?
An annuity is a pension product which provides you with an income for the rest of your life and is purchased from an insurance company using accumulated pension funds.
Each individual insurance company offers different annuity rates. Consequently, your existing provider may not provide the best level of income for your situation. This makes searching for the best annuity rate an important retirement planning step and is often referred to as the Open Market Option.
Due to the complexity of annuity options available on the market we will consider your individual circumstances in detail and take these into account when researching options that meet your requirements.