Open Market Option

When you reach your normal state retirement age, or the age at which you choose to retire if this is different, the company with which you have saved for your retirement will offer you a pension (Annuity).

This is very important

You are free to buy your annuity from any insurance company or annuity provider. You don’t have to take what the company you have built up your fund with is offering. You may, due to your circumstances be able to purchase a better annuity than your being offered elsewhere.

As what you get from this exchange has to last you the rest of your life you must ensure that it is the best you can possibly get.

It make take time – and yes it may be a little inconvenience now – but what is that compared to the rest of your life!

You have a one time shot at this – make sure it’s the best it can be.

For more in formation on open market option click here