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...
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