Products Archive
Open Annuity
London & Colonial's Open Annuity was a pioneering and innovative new product offering unrivalled levels of flexibility, and previously unheard of within the pensions industry prior to its launch in 2001.
Offering flexibility that had never been seen before, it allowed clients to have control and choice over their annuity investments and the ability to vary the amount of income payable.
It was superseded by the New Open Annuity following the changes in pension legislation.