Signs of improvement

There has been much talk about the open market option recently with advisers being encouraged to help their clients shop around for the best rate possible. However, what hasn't been given much emphasis up until now is what happens next. If the best annuity rate is not with the provider that you saved your pension with then a transfer needs to take place and this is often where problems occur. There is no standard process for the information required and unnecessary delays can occur while this information is gathered and the paperwork is processed. As a result the client can be left weeks,...