The FSA has compiled independent annuity tables to help consumers approaching retirement compare rat...
The FSA has compiled independent annuity tables to help consumers approaching retirement compare rates available under their open market option. The open market option enables consumers to choose whether to buy an annuity from their existing pension provider or shop around to find the company offering the best rate. Available online, companies are able to draw up a shortlist of providers to investigate by submitting details including the size of their pension pot, their age and the type of annuity they would like. They can choose from single life annuities with three different escalati...
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