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Living Time’s fixed term annuities launched alongside traditional products on the Exchange

Living Time’s fixed term annuity quotations are being launched alongside traditional lifetime annuities on the Exchange’s Exweb.

From November 27 the quotation system will allow advisers to get real-time comparisons between the income available to clients’ through Living Time’s fixed term products side-by-side the income available through lifetime products.

Managing director Dave Harris says: “This is a major step forward that highlights important choices to advisers and their clients.

“It sends a powerful message that retirees do not have to accept a lower income or take investment performance risk in order to retain flexibility and control over their own pension funds.”

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