NEST announces retirement panel providers
by Gill Montia
Story link: NEST announces retirement panel providers
The National Employment Savings Trust (NEST) has named its retirement panel providers as follows: Canada Life, conventional and enhanced retirement income products; Just Retirement, enhanced retirement income products; Legal & General, conventional and enhanced retirement income products; Partnership, enhanced retirement income products; Reliance Mutual, enhanced retirement income products specifically for those who smoke. According to [...]
Just Retirement acquires TOMAS
by Richard Kilner
Story link: Just Retirement acquires TOMAS
Specialist UK life assurance group Just Retirement has announced that it is to acquire The Open Market Annuity Service Limited (TOMAS) from Kerr Henderson (Financial Services) Ltd. The acquisition is part of Just Retirement’s strategic approach to invest in further development of the open market option. TOMAS caters to providers, advisers, trustees and employee benefit [...]
Majority of people could take out annuities
by Richard Kilner
Story link: Majority of people could take out annuities
Enhanced annuity provider Just Retirement has claimed that lifestyle and health data indicate that a larger number of people could claim for annuities to boost income during retirement. Surveying information from a diverse range of sources, Just Retirement has concluded that between 55% and 65% of retiring people could have conditions enabling them to claim [...]