Technology specialist, Assureweb, has launched a new quick annuity quote service free to advisers. It includes postcode and smoker rates and aims to help advisers with their initial annuity research for clients.
They are also developing a detailed annuity quotation service to be available early next year. It will support the full range of pension annuity quote options, including conventional annuities and with-profits annuities.
Assureweb aims to allow advisers to provide added benefits for clients by helping them to obtain the best enhanced annuity rates in seconds by incorporating a comprehensive medical and lifestyle questionnaire.
They have increased the number of annuity providers offering real-time quotes by adding Partnership and Just Retirement to the list of those quoting on this service. More annuity providers will sign up in the new year.
Commercial director Ian Teague stated that Assureweb are committed to offering advisers the most cost efficient way of sourcing and matching annuity products to suit their clients’ needs. Further, he states that with the ever growing grey market, there will undoubtedly be an increasing demand over time for better services for advisers and their clients. This new service enables advisers to research and then select the best annuity quote or product solution to suit their clients, he added.
