Guaranteed Annuity Rate Service


If you're a financial institution with a Guaranteed Annuity Rate (GAR) liability, our established service can solve customer, regulatory, risk and commercial issues for you. Our service places the policy with an external annuity provider at the cheapest cost for you. This gives both you and your policy holders optimal outcomes in one seamless journey.

We understand that you have a unique set of objectives and challenges, and we'll work with you to tailor a solution to meet these.

Benefits to you

  • Helps you to meet your regulatory obligations through a robust process of customer education.
  • The GAR is purchased at the lowest possible price – capital reserving obligations are reduced.
  • A service that can be linked to your existing processes.
  • An option to exit the longevity market.

Features of the service

  • A non-advised phone based service where customers are educated on their options, the value of the GAR and the consequences of their choices.
  • We use personalised details and desired shape to determine whether the best open market rate is higher than the GAR rate.
  • If the GAR is the better option we'll secure it using current best practices, using the open market and we'll handle all of the necessary administration.

Benefits to the customer

  • They're made aware of the GAR, its value and what it means for them.
  • We provide all of the information they need to make informed decisions.
  • They'll receive the highest income either via the GAR or on the open market.

Commercial details

We operate a range of commercial solutions dependent on a partner's specific objectives.

Please contact us to discuss your requirements.