In the current economic climate, the outlook for fixed income has become challenging, especially since interest rate increases can have a detrimental impact on capital values. At the same time we have seen significant movement in annuity rates, prompting many to revisit guaranteed income.
Add to that the need for personalising any secure income accounting for each person’s own medical and lifestyle situation and the benefits of a guarantee could significantly improve the level of income available.
In this session, we’ll uncover some of the important areas where a bit of extra detail can make a big difference. We’ll also look at the valuable death benefit options and give an update on the significant rate changes we’ve seen in recent months.
If you’re advising clients on pension income or are a paraplanner assessing the options, this session will bring you right up to date with the developments in underwriting and show you how guarantees can help your clients achieve a better later life.
• Understand the importance of lifestyle and medical information in personalising advice
• Explore the death benefit options available with an annuity
• Discuss the benefits of disclosure to your clients and the difference this can make
CPD: 30 minutes
We are a specialist UK financial services group focusing on attractive segments of the UK retirement income market. The Group is a leading and established provider of retirement income products and services to individual and corporate clients.…