The aim is to help put advice and Financial Advisers at the heart of greater consumer choice in retirement.
We are concerned about the large numbers of people who do not fully utilise their ‘Open Market Option' (OMO) to secure the best retirement income deal. As many as 2 in every 3 retirees fail to fully explore all the options open to them1. While a lifetime annuity is the right choice for many, potentially tens of thousands of retirees could be making the wrong retirement income choice each year...a choice they may be stuck with for the rest of their lives.
To help highlight these issues and provide support, we have set up a dedicated campaign website for Independent Financial Advisers. You can visit this website by clicking here ». Warning! The ‘Offer More Options' website is designed and written for Financial Advisers only. Consumers wanting to know more about the Living Time Plans, their benefits and risks should speak to their Financial Adviser.