In the same week that Fidelity has announced its partnership with Annuity Direct, Nationwide has launched an annuity service for branch customers with small (but over £18,000) pension pots. The service is being administered by the Open Market Annuity Service; part of the Just Retirement Group.
The panel is limited to only 6 providers and comprises Just Retirement, L&G, Aviva, LV=, Partnership and Canada Life. It is available on either an advised or non-advised basis.
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