As annuity rates fall, the OMO is here to help

According to a recent report by Moneyfacts, annuity rates are continuing to slide, leaving them at their lowest for nearly a year.
The average annuity rate for a 65-year-old man (based on a £10k purchase price) fell from £604 to £597 (1.1% drop), whereas the average female rate fell to £561 from £568 (1.2% drop).
Richard Eagling of Moneyfacts said, “With rates unlikely to pick up anytime soon the priority must be for consumers to ensure they obtain the best price for their annuity. This will only be possible if they explore all of their options and utilise the much overlooked open market option.”
The reality, however, according to research conducted by Aviva, is that 40% of Brits do not bother to browse the market for best annuity prices.
Get a free annuity quote simply by calling, writing or using the online enquiry service. We’ll introduce you, in various ways, including through the website and by phone, to Independent Financial Advisers (IFA), making finding the right annuity for you easier than ever.