An ever changing market

clock

Richard Ross discusses the role technology can play in increasing take up of the open market option

Technology is already playing a key role in helping advisers and consumers get access to the best annuity rates available on the open-market. Going forward, it will play a much more pivotal role if the objective of trying to get the message out to all retirees is going to become a reality. Advisers will be familiar with the key role which technology plays in traditional B2B models, not least when it comes to enabling advisers to research the conventional annuity market cost-effectively and efficiently. In addition to this, recent technology enhancements now deliver guaranteed rates for e...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Countdown to pensions dashboard connection staging dates

Countdown to pensions dashboard connection staging dates

But will schemes and providers be ready?

Paul Muir
clock 25 April 2024 • 9 min read
Defaqto CEO: We want to understand advisers' needs even more

Defaqto CEO: We want to understand advisers' needs even more

‘Everybody is genuinely working to make better financial decisions’

Hope Coumbe
clock 20 December 2023 • 8 min read
Robo advice market predicted to hit £4.6trn in the next four years

Robo advice market predicted to hit £4.6trn in the next four years

Survey says ‘robo advice is gaining momentum and doing so at speed’

Hope William-Smith
clock 10 July 2023 • 1 min read