Just Retirement acquires OMO software firm

TOMAS provides bespoke software to people managing and advising on pension schemes, which helps them to guide members into annuities at retirement via a platform providing annuity quotes. It has been acquired from Belfast-based advice firm Kerr Henderson Financial Services for an undisclosed sum. Just Retirement CEO Rodney Cook said TOMAS's work was proving critical in attempts to encourage consumers to use the Open Market Option. Scott Fulton, associate director of external affairs at Just Retirement, says: "TOMAS is important to two of our central policies: encouraging the OMO,...