L&G extends annuity partnerships with Aegon and Prudential

Extended guaranteed income referral deals for five-year terms

Jenna Brown
clock • 1 min read

Legal & General (L&G) has extended its annuity partnerships with Aegon and Prudential for five more years through to 2028.

The retail retirement arm of the provider said the tie-up means Aegon and Prudential customers who are interested in taking out an annuity are introduced to L&G. It then outlines their options and provides more information and/or a quotation for an annuity contract. The popularity of annuities has increased in recent months as rates have improved significantly. L&G said it also offers referred clients access to quotes from the whole of market through its comparison service, Annuity Ready. It added that the renewal of these latest introducer agreements followed similar tie-ups with ...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Income

Annuities in a post-freedoms world: The need for rebranding and repositioning

Annuities in a post-freedoms world: The need for rebranding and repositioning

‘The challenges facing today’s retirees are intensifying’

Steve Butler
clock 22 May 2025 • 4 min read
Legal & General goes digital for annuity applications

Legal & General goes digital for annuity applications

Applications could take 14 fewer days to process

Jenna Brown
clock 01 April 2025 • 1 min read
M&G launches fixed term annuity as it re-enters market

M&G launches fixed term annuity as it re-enters market

Fixed term of between five and 15 years on £10,000 minimum lump sum

Jenna Brown
clock 12 March 2025 • 2 min read