Leading Pension Annuity Provider Legal & General, Celebrates 175 Years

Leading Pension Annuity Provider Legal & General, Celebrates 175 Years

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Leading Pension Annuity Provider Legal & General, Celebrates 175 Years PR Newswire LONDON, June 12, 2012 LONDON, June 12, 2012 /PRNewswire/ -- More than 660,000 people rely on Legal & General for their retirement income each year.

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Leading Pension Annuity Provider Legal &
General, Celebrates 175 Years
PR Newswire
LONDON, June 12, 2012
LONDON
,
June 12, 2012
/PRNewswire/ --
More than 660,000 people rely on Legal & General for their retirement income
each year.
Formed in 1836 by a group of lawyers in a
London
coffee shop, Legal & General
can boast a long and distinguished history. Originally providing life insurance to
members of the legal profession, the company has gone from strength to
strength over the years and today is one of the UK's leading Financial Services
companies. A FTSE 100 company and highly rated for financial strength, they
offer a wide range of products and services to over 7 million customers.
Legal & General is a specialist provider of pension annuities and pays more
than £1.2 billion in pension income each year to over 660,000 pension
customers. The company offers a range of annuity products that are available
to buy through financial advisers or direct with pension funds of just £1,000. It
can also offer annuity customers extra income where certain lifestyle health
risks or medical conditions apply or an income that is linked to investment
performance for potential growth.
When choosing an annuity provider, it's important that people shop around to
make sure they're not missing out on extra income. Income offers can vary
significantly but as Tim Gosden, Head of Annuity Product Development at Legal
& General explains, the highest offer won't necessarily be the only
consideration for customers and their advisers.
"The promise of an income for life from a pension annuity is an open-ended
commitment and customers will want to be confident that their chosen provider
will be around to pay them their income, however long they live. Experience,
expertise and service are always important, but for long-term financial
products like pension annuities, a reputation of financial strength and a proven
track record are particularly important."
Tim added; "We go out of our way to ensure that customers get the best deal
when they contact us about their annuity. We know that people have different
levels of knowledge about annuities, so we make it our responsibility to
automatically ask everyone about their health to see if we can offer them extra
income through our enhanced annuity. We're the annuity experts so they don't
have to be."
For a guaranteed annuity quote and to get an instant decision on extra income
based on smoking, weight (BMI), high blood pressure, high cholesterol or Type
2 diabetes, call Legal & General's Annuity Solutions team on 0800 048 2445. We
may record and monitor calls.
For a guaranteed annuity quote and to get an instant decision on extra income
based on smoking, weight, blood pressure, cholesterol or Type 2 diabetes, call
Legal & General's Annuity Solutions team on 0800 048 1603. We may record
and monitor calls.