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

M&G's opens fixed term annuity to UK retail market after soft launch

M&G's opens fixed term annuity to UK retail market after soft launch

Prudential Guaranteed Income Plan backed by £128bn With-Profits fund

Jenna Brown
clock 22 July 2025 • 1 min read
Targeted support: FCA rules out specific annuity suggestions

Targeted support: FCA rules out specific annuity suggestions

Firms must signpost consumers to MoneyHelper’s annuities comparison tool

Jenna Brown
clock 30 June 2025 • 3 min read
How annuity underwriting needs to change to meet Consumer Duty

How annuity underwriting needs to change to meet Consumer Duty

'This is an industry systematically delivering poor outcomes'

Andrew Gething
clock 24 June 2025 • 4 min read