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The value of Just Retirement’s new business in the six months to 31 December 2011 grew by 32.7% compared to the same period in 2010.
The Association of British Insurers (ABI) does not go far enough to protect consumers’ interests when purchasing annuities, Fidelity has said.
The Association of British Insurers (ABI) has proposed three new measures to become part of its planned code of conduct for insurers selling annuities.
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In this week's quick fire poll we ask: Lord Lipsey voiced concerns in the House of Lords last week that the Dilnot proposals "were in danger of going down the pan." Do you believe we need to refocus on the issue of long term care funding?
Dilnot was backed by the House of Lords yesterday, as Society of Later Life Advisers (SOLLA) president Lord Lipsey warned the report’s care cost cap proposals were in “danger of going down the pan.”
In this week’s Retirement Planner quick fire poll we asked: Where do you see the main areas of growth in the annuity market?
Just Retirement Group’s total sales value rose 36% in the three months to 30 September but the provider expects business to slow down.
Just Retirement’s value of new business after tax rose almost 50% to £82.8m for the year ending 30 June 2011.
MetLife will launch a fixed term annuity which allows pensioners to switch to an enhanced or lifetime annuity before the end of the term.
Just Retirement’s new business sales for the year to June 2011 were £1.13bn, representing at 13.3% increase on 2009/10 figures.
Mercer has added enhanced annuity terms to its workplace savings platform in partnership with the Open Market Annuity Service (OMAS).
Fidelity plans to offer access to an enhanced annuity via its defined contribution (DC) platform.
Leeds-based advisory firm Heath Lambert has teamed up with Partnership to launch a direct-to-consumer annuity portal.
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