To increase the knowledge of peoples pension options and to encourage people to shop around for the best annuity rate the FCA have introduced the Consumer Prompt Legislation as of today the 1st of March 2018. This legislation makes it easier for you to shop around as companies will now have to provide you with written evidence if your lifetime annuity is the best on the market. Furthermore they need to make it clear how much better off you could be if you chose that leading rate compared to their own.
Take a look at our infographic for further information on why to shop around for your pension – click here.
My Pension Expert has access to the whole of the market, enabling us to offer you the best pension rates. For more information or a no obligation chat with one of our retirement experts please call us free on 0800 689 9335.