GE Life

Parents who continue to fund their children well into adulthood could be risking their own future by not putting enough away for retirement, warns GE Life.

A service designed to provide advisers with a universal quotation request form for six enhanced annuities providers may not be as simple as intended.

Swiss Re has announced it is acquiring GE Life for £465m and anticipates completion of the deal by the end of 2006.

GE Life is expected to sell for at least £40m less than original estimates as the auction of the life insurance business of General Electric enters its final stage, reports the Times .

GENERAL ELECTRIC has revived plans to sell its UK life insurance arm, reports The Daily Telegraph .

GE Life has raised concerns that some pension policy holders could exceed their Lifetime Allowance limit (LTA) and be subject to a higher tax charge after new rules are introduced on ‘A' Day.

Up to one in three people are still missing out on extra income in retirement by purchasing a standard annuity resulting in many losing out on around £234m worth of benefits in 2004. new research reveals.

GE Life has lengthened the guarantee period of its annuity quote and is calling on rival providers to follow suit, as implementation of the Distance Marketing Directive could affect the annuity rate offered.