AXA Winterthur adds annual reviews to USP

Though annual income reviews are allowed by legislation, many providers only offer income reviews every four years, the firm says. However, AXA Winterthur says annual reviews allow clients to react more quickly to changing market conditions. Mike Morrison, pensions strategy manager at AXA Winterthur, comments: "When markets are volatile, it's not always best to lock-in your income for several years, as you might be making the decision at a low point. "By reviewing income on an annual basis, you can more easily take advantage of rising markets and then lock-in your income at a more appro...