L&G rolls out Annuity Plus to all advisers

The simplified enhanced annuity focuses on the five most common health risks affecting the retiring population; smoking, diet-controlled diabetes, high blood pressure, high cholesterol and high or low body mass. It will be offered via an automated "fast-track" application involving a simple, two-page questionnaire focusing solely on the five named health risks, meaning advisers will receive an instant decision for their customers. Annuity Plus also offers a potential uplift to retirement income of up to 15% if under the maximum rate, compared to the L&G standard rate. Other example...