Zurich Life UK will offer Legal & General (L&G) annuity products alongside its own in bid to improve its at retirement offering.
The L&G link-up replaces a previous agreement with Prudential, offering better rates and a broader choice including postcode and enhanced annuities, says Zurich. The life company is also revamping its wake-up packs to highlight to customers the importance of financial advice and the Open Market Option (OMO). "For most of our pension customers we recognise getting independent financial advice will usually be the best option, helping them with exercising their OMO, yet in our experience some of our customers choose not to use this option," says Dave Lowe, Zurich UK Life pension manageme...
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