Open Market Option

These are probably the three most important words in respect of your current pension policies.  By having an ‘Open Market Option‘ (OMO), you have the ability to shop around to obtain the best annuity rates available in the market for your chosen circumstances.  This is a major benefit as your current pension provider may not be offering you the best annuity income.

At present less than 4 in every 10 people are choosing to exercise this right.  Is it no wonder therefore that people continue to say that annuities offer poor value as so few decide to take advantage of this facility. With differences in excess of 10% from the best and worst conventional annuity providers, which can often be in excess of 25% if a medical condition applies, the only person losing out by not reviewing the market is you.

This is where The Annuity Centre can help.  With our knowledge and expertise in the annuity field coupled with our extensive research capabilities, we will do everything we can to obtain the best retirement income available for your chosen circumstances.

A five minute conversation with one of our annuity specialists could provide you with an extra £20,000* of retirement income. Contact us today on 0117 9170736.