1st-The Exchange has unveiled real-time fixed term or ‘to age' rates on its existing annuity comparison system on Exweb.
The provider claims the tool, available to subscribers at no extra cost, will offer the widest range of annuity product types in the market via a portal.
As well as traditional lifetime annuities, the functionality will help advisers to research retirement options and access client specific fixed term quotes. Living Time is the first provider to launch its product on the service.
Advisers can access real-time and indicative rates, standard, smoker and enhanced annuities, comparative results, client illustrations and can store and retrieve quotes. They are also able to receive standard annuity quotes from up to 15 providers.
“The Exweb annuity service promotes open market options, encouraging full assessment of all retirement vehicles available,” says David Child, managing director at 1st-The Exchange.
The Exweb annuity service, covering a range of providers, can be accessed on a ‘pay as you go’ or monthly subscription basis at: www.exchange.co.uk.
Succeeding co-founder Simon Rogerson
Janus Henderson Global Dividend Index
More than 10 million shares allocated
Long-term strategic holding
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