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Prudential agrees annuity deal with L&G

Assist customers to get better deal

As part of the deal, all guaranteed benefits will be honoured by Prudential and fulfilled by L&G, which will also compare the entire market to see if the rate can be improved.
As part of the deal, all guaranteed benefits will be honoured by Prudential and fulfilled by L&G, which will also compare the entire market to see if the rate can be improved.
  • Kim Kaveh
  • Kim Kaveh
  • 23 September 2019
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Legal and General (L&G) Retail Retirement has agreed an introducer agreement within its retirement income division to provide annuities to Prudential customers with guaranteed rates.

The arrangement - which will take effect from 1 November 2019 - is the fourth of its kind for L&G, following similar agreements with Aegon, ReAssure, and Sun Life Financial of Canada. It follows the...

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