Legal & General has launched a marketing initiative to gain business from IFAs wanting to make the m...
Legal & General has launched a marketing initiative to gain business from IFAs wanting to make the most of carry-forward rules before they are abolished next April. The option allows customers to pay a personal pension single premium at retirement and immediately convert it to a tax-free lump sum and pension income via the company's conventional or with-profits annuity. Andy Agar, L&G's pensions marketing director, said the traditional two-step method was time consuming. Legal & General has also introduced quotation and application forms which incorporate the single premium and annuity a...
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