Service should be funded by industry, argues group
Deal will give clients more options
The numbers are staggering
Providers rated for income protection and family income benefit offerings
Provider LV= has bought a majority stake in robo-advice operation Wealth Wizards.
Insurer LV= is trialling a pension passport scheme in place of traditional retirement wake-up packs to boost client engagement.
The industry has welcomed the government's proposal to allow consumers to sell on their existing annuities but has clashed over whether advice should be mandatory for those wanting to sell.