Where can I buy an annuity?
When you retire you will most likely receive an annuity quotation from your pension provider. Many people do not realise that you do not have to take your annuity from that provider and in most cases it will benefit you not to do so.
Instead you can choose to take the 'open market option'. This means you find another company to provide your annuity, and if you search a number of providers the chances are you'll find a better rate.
You can obtain annuity quotations directly from some annuity providers. Alternatively, you can use Hargreaves Lansdown's online annuity calculator to search a large number of providers to find a competitive annuity rate. Then if you choose to proceed we'll handle the administration for you.
Quotes are free and without obligation.