Morgan Ash launches impaired annuities service and eyes LTC

The service, in trial since February, has resulted in over 70% of consumers receiving enhanced rates for their annuity, an increase of approximately 50% compared to paper forms. Under the service, brokers advise consumers in the normal manner about pension options. The adviser then books the medical interview, which covers the medical questions on the Common Quotation Request Form (CQRF). After one tele-interview with the consumer data is sent to all impaired annuity providers (Just Retirement, Partnership, MGM, LV=, Canada Life, Aviva, Legal & General and Prudential) for underwriting...