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Catch up with the latest press releases from LV=

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Real Time Quotes on Exchange

Press release: 07/03/2008


Flexible Retirement Solutions provider LV=1 has today announced that it has joined the ‘real-time' enhanced annuity quotation service on The Exchange, enabling financial advisers to obtain instant personalised quotations for their clients at a time to suit them.

Available through The Exchange's Exweb portal2, advisers will now be able to obtain instantaneous enhanced annuity quotes for clients who smoke or have pre-existing medical conditions. Full medical details will be captured within the Exweb platform and then passed to LV=, who will then provide an enhanced annuity quote based on these specific conditions in real time.

The medical condition matching facility is highly efficient, and covers over 1,600 different medical conditions. This ensures that enhanced annuity quotes can be obtained quickly and easily for as many clients as possible.


Matt Trott, Head of Annuities at LV= said: "This service allows advisers to compare rates from the leading players in the annuity market, obtain guaranteed terms and download application forms, all in real time."

Trott continues: "This facility shows our continuing commitment to the intermediary market, as well as our determination to use technology to streamline the process of purchasing enhanced annuities. We are confident that this innovative solution will prove popular amongst advisers, as well as enabling them to service their clients more efficiently."

David Child, Managing Director of The Exchange comments: "We are delighted to support the launch of the newly launched Flexible Retirement Solutions business from LV=, which, given their proven track record in other areas, will be a very welcome addition for many advisers.

"The enhanced annuity market is growing rapidly in popularity and we have received tremendous feedback from intermediaries since we launched the first service of this kind in November 2006. As more quality providers like LV= join the service, we are able to offer a much broader market coverage, bringing benefit to all involved."

For more information about the enhanced annuity product available from LV= visit www.lvadviser.co.uk