The Association of British Insurers has launched the Annuity Window to help retiring pension investors get the best deal from their retirement income.
The initiative is compulsory for all ABI members selling annuities to the public and will feature rates from 24 companies, including those which do not currently compete for annuity customers on the open market. The Annuity Window will not publish live current rates. Instead the ABI regularly surveys member's annuity rates for 12 fictional customer profiles which users can use as a guide. However, it points users towards the Association of Professional Financial Advisers should people need advice. Links to the Money Advice Service and The Pensions Advisory Service are also provided. ...
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
