Liverpool Victoria has added options to its with-profits pension annuity which it said increases its...
Liverpool Victoria has added options to its with-profits pension annuity which it said increases its flexibility. Investors could previously select the Anticipated Bonus Rate (ABR) of the annuity at outset and are now able to vary the chosen ABR, subject to the maximum ABR at that time, as many times as they like. This applies from the second anniversary onwards, Liverpool Victoria said. The second change allows investors to convert from a with-profits to a conventional annuity. Contact: 0845 6020690.
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes