Get a better Annuity Rate with the help of our impartial market comparison service.
Purchasing an annuity is one of the most significant financial decisions you will ever make – and once you’ve committed to it, you can’t change your mind or switch to a more favourable policy.
That’s why getting the right information is absolutely vital when you start to think about your retirement.
At Compare Annuities, we can calculate a guideline figure of what your pension annuity might be worth, then put you in touch with an annuity specialist who will conduct a complete, impartial review of the market and help you to find the best value annuity quotes. This is a free service and you’re under no obligation to buy any of the quotes provided to you.
Understanding the Open Market Option
If you’ve been with the same pension provider for many years, you might be tempted to simply buy your annuity from them without exploring any other options. However, annuity rates vary significantly across different providers and schemes, and doing this could cost you £1,000s every year in lost income.
The open market option means you have the legal right to search for the best rate available. Remember, you are under no obligation to buy an annuity from your current pension provider.
Exploring the entire annuity market can be a time consuming and bewildering prospect – particularly if you’re not confident in discussing potentially complex financial terms. When you use our annuity comparison tools, we’ll take a few simple details and put you in touch with an impartial adviser who can access the most up-to-date information from all of the UK’s leading annuities providers to help you to find you a personally tailored quote that offers the best value for your circumstances.
This service is completely free, and there is no obligation to buy any of the quotes you are offered. For more information, call us on 0800 038 3432 or fill in the form for an instant guideline quote.