Aviva looking at fixed-term annuity sector

Pow, Helen
September 2009
Money Marketing;9/10/2009, p1
The article reports on the potential launch of a fixed-term annuity by insurance group Aviva PLC in Great Britain. Darren Dicks, Aviva head of annuity marketing, notes that fixed annuity is a market for more wealthy clients who have lots of options at their disposal and who may possibly want to have a guarantee for five or ten years. According to Billy Burrows, partner of retirement planning firm Burrows & Cummins LLP, fixed-term annuities suits within a portfolio of other retirement products.


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