Testimonials
What are people in the industry saying about OMO and the Offer More Options campaign?
Malcolm Thomas, MD, Annuity People
“We strongly support the Offer More Options campaign because we believe it can galvanise the entire industry to work towards delivering a better outcome to consumers of our products and services. This is an innovative and exciting market that has the potential to make a positive impact on people at a crucial stage of their lives, but the entire industry needs to focus much harder on ways to get that message understood and to agree a reduction in much of the bureaucracy surrounding an annuity purchase.”
Paul Hogarth, Senior Partner of Paradigm Partners
“For too long the Open Market Option has been positioned as the silver bullet to generate choice for consumers. OMO clearly is not delivering this and now is the time industry professionals need to work together to drive change to ensure product providers, employers and advisers can deliver a wider range of choice to customers.”
Jim Grant, Chief Executive of Chartwell Group
“The Open Market Option initiatives deployed to date have failed to deliver sufficient change, and we must now act together as an industry to help more consumers understand the crucial choices that need to be made at retirement, especially given the wider range of solutions that we now have access to.”
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