Just Retirement, the enhanced annuity provider, today launches a tele-underwiting service available via the Openwork multi-tie network.
The service involves a short telephone interview with the client and a medical professional, which Just Retirement says will improve the client's chances of getting an enhanced annuity rate.
It claims only one in six people access enhanced annuities, though up to three in five could be eligible.
"Just Retirement's innovative new service, is an important step in ensuring thousands more people do not miss out," says Stephen Lowe, director at Just Retirement.
"We plan to launch further solutions during 2011 to help financial intermediaries, trustees of occupational pension schemes and end customers gain access to more efficient and effective ways to convert retirement savings to improved retirement income outcomes.
"Financial intermediaries must ensure they have undertaken strong due diligence to ensure they select access services that deliver this promise."
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