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Liv Vic launches new annuity

Liverpool Victoria is launching a new more flexible with-profits annuity available now from open market options as well as pension transfers.

The annuity offers guaranteed income for the first two years, irrespective of bonus declarations or anticipated bonus rates. It also has a guaranteed minimum income.

The annuity is available on single or joint life last survivor basis. IFA commission is 1 per cent plus uplift.

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