Clive Bolton talks to Helen Morrissey about the issues currently affecting the market and debate around open market options
The enhanced annuity market has enjoyed real growth this year - how can you see the market developing? As the individual annuity market matures, the stark difference between the standard and enhanced products will disappear. Instead of having a separate, individually underwritten process for customers with medical conditions those with uncomplicated health issues will follow the same automatic process as healthy customers. This will be an extension of the developments we have seen this year with the introduction of mandatory postcode and smoker status in the portal based quotation systems...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
