MGM Advantage is to offer retirees a selection of guarantee options on their annuity contracts.
It said its 'new rules annuity' offers improved death benefits to customers. It offers a money-back guarantee either through extended income guarantee periods of up to 30 years or handing back the balance...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected