Construction industry workers will now get enhanced rates through a one page ’yes or no’ medical questionnaire, regardless of their fund size.
Jamie Fiveash, director of customer solutions at B&CE says: “Our customers will be given the opportunity to purchase an annuity regardless of fund size using a technology based, non-advised process which includes a simplified medical questionnaire and enables us to provide a competitive enhanced rate.”
Andrew Megson, managing director of retirement at Partnership says: “The difference between the best and worst retirement income rates for people benefiting from an enhancement can be as much as 30 per cent or more. B&CE’s customers will benefit from Partnership’s simplified enhanced annuity approach.”