Standard Life is to launch its with-profits annuity product on 23 May, allowing investors to adjust ...
Standard Life is to launch its with-profits annuity product on 23 May, allowing investors to adjust their anticipated bonus rates and switch into a conventional product whenever they want. IFA commission on the product will be 1% of the purchase price plus uplift and the annuity will invest in the group's £65bn with-profits fund. The flexible features have been created to allow the product to change if the annuitant's personal circumstances change significantly in the future, Ronnie Taylor, marketing development manager at the group, said. The annuity lets the individual take a set level ...
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