Adviser group Tenet has launched its own Annuity Bureau to provide IFAs with both a quote and full introductory service.
This new service will be available to Tenet advisers in conjunction with its Transfer Bureau as Tenet believes this service will save advisers up to five hours per annuity case. It will be marketed and available to Tenet IFAs only - not to be confused with the existing The Annuity Bureau which is now a division of Alexander Forbes Financial Services. According to Just Retirement, 40% of annuitants could benefit from enhanced life annuities, yet in 2004 only 8% of annuities were enhanced, says Tenet, so the company is is beefing up its annuity armoury in what it believes is a major ‘un...
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