Living Time will launch fixed-term annuity quotations alongside traditional lifetime annuity rates on 1st-The Exchange's Exweb.
Advisers requesting lifetime annuity quotations for clients will be able to access a side-by-side, real-time comparison of the income available from fixed-term annuities, via the portal from 27 November. The portal delivers over 560,000 annuity quotes each year. Dave Harris, managing director of Living Time, believes the comparison tool highlights important choices to advisers and their clients. "It sends a powerful message that retirees do not have to accept a lower income or take investment performance risk in order to retain flexibility and control over their own pension funds." "T...
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
