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Just Retirement, the largest provider of enhanced annuities in the UK, is pleased to announce that its Fixed Term Annuity is now available to financial intermediaries on the Avelo Exchange and Assureweb. These portals provide access to online comparative quotations and electronic new business applications for multiple financial products from leading providers. This speeds up the financial intermediaries' service and efficiency, thus improving overall experience for their customer. Just Retirement's Fixed Term Annuity is the first launched with an innovative enhanced conversion feature, allowing customers to switch immediately to an enhanced annuity if they become ill during the term. It was the first capped drawdown product launched since the new pension rules came into force in April 2011 and provides significant flexibility and benefits to intermediaries and their clients in the market. Stephen Lowe, External Affairs Director at Just Retirement, said: "Just Retirement's next generation Fixed Term Annuity has been well received by IFAs and we are pleased that it is available through these market leading portals. The addition of this innovative annuity to these portals highlights the benefit of this more flexible approach to retirement planning." |
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