Lincoln targets flexible pensions with i2Live

Based on the variable annuity concept popular in the USA, Lincoln says the i2Live proposition - which is only available through advisers – is the first offering to provide clients an income guarantee for both the drawdown and annuity parts of the product. The retirement planning market is becoming increasingly popular with firms, as companies try to develop new propositions for people disillusioned with traditional annuities which they see as poor value for money. Last year, Aegon Scottish Equitable launched the ‘5 for Life’ proposition as a way to boost retirement income, as it is an o...