Aon launches annuity guidance

Aon Consulting has launched an online annuity service that helps employees who are nearing retirement to make the correct choice of annuity provider.†

The product has been designed to help employers meet concerns raised by the Pensions Regulator about pension scheme members making poor retirement decisions. The web-based Aon Annuity Finder requires employees to enter their personal details, such as age and the value of their pension pot, and then identifies the annuity product that best suits them.