Legal & General goes digital for annuity applications

Applications could take 14 fewer days to process

Jenna Brown
clock • 1 min read
L&G distribution director of retail retirement Cecilia Furner
Image:

L&G distribution director of retail retirement Cecilia Furner

Legal & General (L&G) has launched a digital application process for annuity applications which it says could trim a fortnight off the time it takes an average case to complete.

The provider said it had launched the digital process with a select number of firms and would roll it out in the second half of the year. It said the streamlined process - L&G Apply – meant wet ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Small pensions pot consolidator launched, Mansion House Compact II draft circulated, TPR superfund blog

Professional Pensions
clock 25 April 2025 • 1 min read
HMRC repays £44m in overpaid pensions tax in Q1 2025

HMRC repays £44m in overpaid pensions tax in Q1 2025

Analysis shows savers have recouped more than £1.4bn in overpaid pensions tax since 2015

Martin Richmond
clock 25 April 2025 • 3 min read
Industry mostly confident in scheme protocols for cyberattack response

Industry mostly confident in scheme protocols for cyberattack response

90% of PP poll respondents are either very or somewhat confident in protocols

Holly Roach
clock 25 April 2025 • 1 min read
Trustpilot