{"id":7363,"date":"2008-03-21T00:00:00","date_gmt":"2008-03-21T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"impaired-life-annuities-set-for-robust-growth","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2008\/impaired-life-annuities-set-for-robust-growth.html","title":{"rendered":"&#8220;Impaired life&#8221; annuities set for robust growth"},"content":{"rendered":"<div class=\"feedflare\">Reuters- With healthy pensioners living ever longer, at a cost to the annuity industry, providers of &quot;impaired life&quot; annuities to smokers and the sick are carving out a rewarding niche that looks set for heady growth. <\/p>\n<p>With longevity rising, extended payouts to pensioners are already a major concern for UK insurers and investors, with Prudential, Aviva and Legal &amp; General all taking heavy charges in 2007.<\/p>\n<p>But others are finding profit in the changing landscape.<\/p>\n<p>The market for enhanced annuities &#8212; a higher income in retirement for those with an illness, job or lifestyle that could shorten their lives &#8212; topped 1 billion pounds for the first time in 2007. That is up 35 percent on 2006 and more than double 2001 levels, according to consultants Watson Wyatt.<\/p>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"1\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/254893267\" width=\"1\" border=\"0\" \/><br \/><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/254893267\/idUKCAS04501320080320\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters- With healthy pensioners living ever longer, at a cost to the annuity industry, providers of &quot;impaired life&quot; annuities to smokers and the sick are carving out a rewarding niche that looks set for heady growth. With longevity rising, extended [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7363","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7363"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7363\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}