Introducing Legal & General

Why we’re introducing customers to Legal & General

Rather than offering our own annuity, we’re introducing customers originally with Legal & General back to Legal & General for a quote. Legal & General’s annuity provides a guaranteed income for life and takes your health and lifestyle into account which means you could receive a higher income.

If Legal & General can’t provide you the best quote in the market, they can introduce you to their whole of market annuity comparison service called Annuity Ready.

They also offer retirement products that provide a guaranteed income for a fixed period of your choice with the option of a lump sum payment at the end.

It’s important to shop around to compare quotes from different providers before making a decision. Not all annuities are the same, and if you don’t choose carefully, you could be missing out on the right product for you. You can do this by contacting other providers directly to get a quote. You can also go onto the MoneyHelper website to use their annuity comparison tool or contact them at www.moneyhelper.org.uk

Why we’ve chosen Legal & General

  • As a previous customer of Legal & General we know that you already have a relationship with them.
  • Legal & General is a specialist in providing a choice of guaranteed income options that meet customers’ needs.
  • It opens up many more options than were available from ReAssure, including those that offer higher rates by considering your health and personal circumstances.
  • Established in 1836, Legal & General is one of the UK’s largest financial services groups.

Before you make a decision about your retirement options we recommend you use the government’s free impartial guidance service, Pension Wise from MoneyHelper, or get financial advice. You can find out more about Pension Wise here

Remember, you should always shop around to find the best deal for you.

Download our guide to shopping around here.

How we’ll work with Legal & General

We want our relationship with Legal & General to be as transparent as possible, so here are some things you should know:

  • We won’t pass your personal details on to Legal & General. They’ll only have access to your details if you submit them in order to accept a quote.
  • You can be assured that by engaging with Legal & General in this way you won’t be called or contacted unless you indicate you are happy to be.
  • You are under no obligation to accept a quote from them.
  • Legal & General will pay us if you accept a quote. This is a standard arrangement between financial services companies that will have no impact on the quotes offered to you. The providers on the Panel will ensure you are offered their normal market rate.