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Most people who are in pension schemes are unaware that they have the right to shop around for a different annuity provider, to provide them with retirement pension income for their retirement. Just because you use the services of a pension provider to save or retain benefits doesn’t necessarily mean they will automatically give you the best retirement income. By shopping around, you could get a far better annuity rate which could mean a higher income for your pension fund. This is known as an open market option and it can make a very significant difference to your retirement income.
Only a third of people are maximising their retirement income using this option. So exercise your right today! The process of shopping around for you is very time consuming but its well worth it in the long run. This is how we can help you. First Place Financial Ltd is an Independent Financial Adviser practice who acts as a broker on your behalf. We investigate and find the best available annuity rate on the market to suit your needs and requirements and then we handle the administration for you.
We believe that you are best advised to take advice because we can then compare all of the retirement options available to you to help you make an informed choice.
