Welcome to Annuity Smart, where you’ll find news and information on the UK Annuities Market and, of course, news from the UK’s biggest annuity providers.
At Annuity Smart, we’re not affiliated with any UK annuities provider or comparison service, so our opinions and views are completely and utterly unbiased!
Open Market Option – Comparing Annuities
The Open Market Option is your right to shop around for the best annuity offer for you.
Even if you’ve already received an offer from your pension provider, you do not have to accept it! The Open Market Option means you can (and indeed you should) shop around. There are all sorts of things that can affect your annuity offer, including your own personal health and lifestyle habits, and therefore you can never be sure that your first offer is the best you’ll receive.
The decisions you make in regard to your annuity will affect you from the moment you retire and for the rest of your life. So it’s absolutely imperative that you do your research, read around, compare your annuities options and make sure you’re absolutely certain before making any final decision. That’s what we’re here to help you to do – gather the basic facts, before going to a provider or intermediary who can offer you advice specific to your circumstances.