AT8's Mark Loosmore reports on the launch of Partnership's new Retirement proposition aimed at cutting the time to process smaller annuities.
For those who haven’t come across Partnership before, they were launched in 2005 following the demutualisation and management buyout of Pension Annuity Friendly Society. Initially specialising in enhanced annuities, they soon launched into the Long-Term Care market, Protection and Equity Release (through their sister company Partnership Home Loans). The focus of the new proposition is squarely on annuities, a substantial market that is experiencing massive growth at the moment. Last year the market was estimated to be worth £3-4bn and is expected to rise to £6bn next year. It is interest...
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