Pensions - Articles - RDR and the future of annuity underwriting

 Just Retirement today publishes the first part of its 'Just Intelligence' newsletter.

 Over the next few weeks, we will send you a series of articles summarising recent key pension reforms and policy proposals and the funding issues surrounding longevity and falling pension provisions in the UK retirement market as well as The Dilnot report on long-term care.

 In this release, Just Retirement takes a closer look at the impacts of RDR on IFAs' advice process and how technology is revolutionising medical underwriting and the impact it has on advisers and their clients. The articles contain useful information on the retirement income market (e.g. industry growth figures, enhanced annuity take up rates), RDR impact, the evolution and future of annuity pricing and the benefits of detailed underwriting.

 The first article explores how intermediaries must carefully consider the approach they take to developing their retirement income services in the run up to RDR. The article addresses questions like "How will you make a virtue out of your proposition and demonstrate the value you create for your clients? How will you position and differentiate your service against the current and emerging competition? How could choosing a detailed approach, rather than a shallow approach to underwriting help to position your client proposition more powerfully?"

 The second article explains how Just Retirement is pursuing further innovation to build the next generation of medical underwriting. Through the development of new technologies and pioneering techniques in the retirement space such as tele-interviewing, Just Retirement is investing to create new breakthroughs to bring even more value to intermediaries and their clients.