Living Time opens up to Protected Rights

clock

Living Time has announced it will allow customers to invest Protected Rights pension cash in its fixed-term annuities.

The firm claims the move is part of its ongoing efforts to offer more flexibility to advisers and their clients. Living Time says fixed-term annuities can be very useful to clients in volatile market conditions, providing certainty over growth and income, while also giving the client the flexibility to change their income options at a later date. By enabling Protected Right to be invested in fixed-term annuities, clients can consolidate all of their pension money, potentially reducing costs in the long-run, it says. The firm adds it will be revealing a range of initiatives in early 20...

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

Join

 

Already a Professional Adviser member?

Login

More on Income

Annuities in a post-freedoms world: The need for rebranding and repositioning

Annuities in a post-freedoms world: The need for rebranding and repositioning

‘The challenges facing today’s retirees are intensifying’

Steve Butler
clock 22 May 2025 • 4 min read
Legal & General goes digital for annuity applications

Legal & General goes digital for annuity applications

Applications could take 14 fewer days to process

Jenna Brown
clock 01 April 2025 • 1 min read
M&G launches fixed term annuity as it re-enters market

M&G launches fixed term annuity as it re-enters market

Fixed term of between five and 15 years on £10,000 minimum lump sum

Jenna Brown
clock 12 March 2025 • 2 min read