Legal & General will use customer postcodes as an additional risk factor when quoting for a conventional non-profit annuity.
Hargreaves Lansdown has announced revenues rose 43% for the three months from June 30 to September 30, in Q1 of the group's first financial year since it floated on the London Stock Exchange in May.
Punter Southall welcomes the move by Legal & General and Hargreaves Lansdown to use postcodes to determine annuity payouts.
Hargreaves Lansdown has warned against buying protected funds amid current market volatility.
Too many IFA firms are practically "giving themselves away" by basing their value on turnover rather than assets under management, according to David Ferguson.
IFA firm Hargreaves Lansdown has confirmed its Initial Public Offering on the London Stock Exchange has been set at 160p a share, which implies a market capitalisation of around £759m.
Hargreaves Lansdown has announced its share price after the firm floated on the stock market last month.
Hargreaves Lansdown will be valued between £650m and £700m, IFAonline has learnt.
Hargreaves Lansdown has this morning confirmed it will float on the London Stock Exchange next month.
Introducing a non-contestability period into life and critical illness insurance policies will encourage preferred life underwriting and favour the healthy and wealthy, says Jon Briggs, protection research manager at Hargreaves Lansdown.