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30/01/2012

Rising costs make it essential that pensioners shop around for best retirement income.

Research among Partnership’s customers who receive extra money from enhanced annuities for health and lifestyle conditions show: 61% spent extra money on higher food bills 57% on heating and electricity Those not dependent on extra money for ...

19/01/2012

Stopard joins Partnership as Head of Product Development

Partnership, the enhanced annuity specialists, has appointed Mark Stopard as its new head of product development, where he will be responsible for managing Partnership’s suite of existing products as well as identifying and exploiting new opportuniti...

12/12/2011

PAYINGFORCARE.CO.UK - Judged "Most Outstanding Information Innovation in the UK" in Over 50s Housing Awards 2011

The UK Over 50s Housing Weekly News awards have been designed to recognise efforts to reward those who ‘lift and enhance via innovation the customer experience and enjoyment’. PAYINGFORCARE.CO.UK is a comprehensive and consumer friendly website whi...

29/11/2011

Partnership scoops Best Enhanced Annuity Provider for second year in row at Investment Life and Pensions Moneyfacts Awards 2011

Partnership has been voted BEST ENHANCED ANNUITY PROVIDER for the SECOND year running. Partnership was also HIGHLY COMMENDED in the BEST ANNUITY SERVICE category. Accepting the award, Partnership’s Chief Operating Officer JANE KENNEDY said: “T...

21/11/2011

Partnership's five star service recognised in Financial Adviser Award win - for second year in a row

Partnership, one of the UK's leading providers of financial products for people with health and lifestyle conditions, receives FIVE STAR rating at the prestigious 2011 Financial Adviser Service Awards. The award – which was presented last Thursday ...

24/10/2011

Partnership "Hat-Trick" as Best Long Term Care Provider in Health Insurance Awards 2011 & Chris Horlick - recognised with Lifetime Achievement Award

Partnership has been recognised as the Best Long Term Care Provider in the Health Insurance Awards for the third year in a row. In addition, Chris Horlick, Managing Director, Care at Partnership received the Lifetime Achievement Award. The Judging...

20/10/2011

Partnership tops the 2011 Sunday Times HSBC Top Track 250

Partnership heads the 2011 Sunday Times HSBC Top Track 250 compiled by the Oxford based research company Fast Track. This league table identifies the fastest growing mid-ranking private businesses in the UK, highlighting firms who are leading the eco...

27/09/2011

Partnership research reveals worrying data on workers’ knowledge of retirement plans

70% of pensions professionals do not believe that Defined Contributions (DC) members achieve good outcomes at retirement. 80% believe that the average DC member does not understand their company pension scheme. 55% do not believe that DC member...

23/09/2011

Retirement outcomes from DC pensions

We are pleased to present this research into the issues of Defined Contribution (DC) pension schemes, conducted for Partnership by Echo Research Limited. As the growth in DC provision continues, individuals increasingly need to understand a host of ...

02/08/2011

Following Dilnot - self payers still pay 90% of all their care costs in many care homes costing them nearly £200,000 if they live for 4 years - warns Partnership

1 August 2011 Partnership, the UK’s largest provider of Long Term Care annuities, calls for greater awareness of the true impact of Dilnot’s proposals for the funding of care and support for self funders for care. Proposals will not include “hotel co...

04/07/2011

UK’s largest provider of Long Term Care Annuities welcomes Dilnot – but calls for people entering care to take appropriate financial advice now

Steve Groves, Chief Executive of specialist annuity provider Partnership welcomes proposals made by Dilnot today. “Andrew Dilnot’s proposals are well judged and will bring much needed light to the care funding debate. Most people have failed to plan...

04/07/2011

Following Dilnot announcement, Partnership calls for major care funding debate as anxious young shift significantly away from full Government funding the more they understand implications of demographic time bomb

July 4th 2011 On the day that Andrew Dilnot announces a range of care proposals, a major intergenerational research study of young people (18-65) undertaken by the UK’s largest long term care annuity provider Partnership, reveals that younger...

17/06/2011

Innovative new equity release lifetime mortgage from PARTNERSHIP aimed at cash poor homeowners with health or lifestyle issues

No negative equity guarantee New product specifically designed for homeowners with health issues Available to over 60s with homes worth at least £70k Up to 40 per cent of all those who qualify for equity release could benefit from declaring hea...

17/05/2011

Partnership sponsors Genius Material to give Financial Advisers Free Training and Support in preparation for RDR

The Retail Distribution Review means that the majority of financial advisers now face the prospect of having to achieve further professional examinations by the end of 2012. For many, studying for, preparing and sitting examinations can be a challeng...

11/05/2011

Pensions industry must ‘nudge’ members to maximise their retirement income to avoid national scandal

London: A report by leading pension experts in the UK highlights the failure of the industry to help retiring workers maximise their retirement income and argues that those who do not offer appropriate guidance are failing in their duty of care. To d...

20/04/2011

Nigel Barlow joins Partnership - Senior Appointment reinforces Retirement Product Development and Marketing Officer

For immediate distribution 4 April 2011 Nigel Barlow, formerly head of Research with Just Retirement has joined retirement specialist Partnership as Director of Technical Product Development. Nigel will head up the Marketing Communications and Prod...

28/03/2011

Immediate Needs Annuities in England

For immediate distribution28 March 2011 MAJOR ACADEMIC RESEARCH PROJECT PROVES IMMEDIATE-NEEDS ANNUITIES ARE AN AFFORDABLE INSURANCE OPTION WHICH WILL BENEFIT A SIGNIFICANT PROPORTION OF PEOPLE TO FUND THEIR LONG TERM CARE RESEARCH conducted by lead...

04/03/2011

Major local authority report by think tank LGiU, sponsored by Partnership, reveals true scale of council neglect for people who have to fund their own care

Embargoed until 0.00 on 28/2/2011 View the report here.THE report ‘Independent ageing: council support for care self-funders’* which is being launched in The House of Commons on I March, calls on councils to take action to guard against higher care ...

23/02/2011

Major inter-generational survey by Partnership reveals that elderly are prepared to fund their own care - once they understand how fortunate they are compared to the young

For immediate distribution 21st February 2011Partnership wanted to understand if the elderly would change their attitude towards funding their own care, once they realized how they had benefited financially compared to the young – who are arguably am...

23/02/2011

Partnership wins Best Annuity Provider at Professional Adviser Awards 2011

For immediate distribution 14 February 2011 Partnership, the specialist retirement solutions provider, has scooped the Best Annuity Provider award at the prestigious 2011 Professional Adviser Awards. The award – which was presented on Thursday 10th F...

08/02/2011

Many happy returns Baby Boomers – tomorrow February 8 2011 is ‘Baby Boomer Day’

For immediate distribution 7 February 2011 Many happy returns Baby Boomers – tomorrow February 8 2011 is ‘Baby Boomer Day’ A key milestone in post-World War 11 history is rapidly approaching, as the first wave of post-war babies conceived during ...

03/02/2011

CARE SECTOR UNITES IN SUPPORTING – PAYINGFORCARE.CO.UK

For Immediate distribution31 January 2011Responding to a lack of reliable and comprehensive information regarding care funding and advice, Partnership launches Payingforcare.co.uk – which provides a new impartial, comprehensive and consumer friendly ...

29/12/2010

STAGGERING SUM EQUIVALENT TO £2,900 ON AVERAGE PER HEAD – AND MATCHES TOTAL GOVERNMENT BAIL OUT OF IRISH BANKING SYSTEM

For Immediate Distribution7th December 2010 RETIREMENT solutions specialist Partnership today reveals shattering new data showing UK pensioners are estimated to have haemorrhaged £7 billion in retirement income over the last decade (2000 – 2009, so...

22/11/2010

Partnership estimates elderly people paying their own care home fees may be up to £112 more per WEEK for the same levels of care as local authority funded residents.

For Immediate Distribution 22 November 2010 Partnership estimates elderly people paying their own care home fees may be up to £112 more per WEEK for the same levels of care as local authority funded residents. Private care fees payers frequently c...

22/11/2010

PARTNERSHIP’S FIVE STAR SERVICE RECOGNISED IN FINANCIAL ADVISER AWARD WIN – ACHIEVEMENT COMPLETES RECORD YEAR FOR AWARD WINS

Friday 19 November 2010 For immediate release PARTNERSHIP’S FIVE STAR SERVICE RECOGNISED IN FINANCIAL ADVISER AWARD WIN – ACHIEVEMENT COMPLETES RECORD YEAR FOR AWARD WINS Partnership, one of the UK's leading providers of financial products for ...

03/11/2010

Trustees failing members at retirement - as Partnership supports Pension Regulator’s call for more guidance

LONDON - The Pensions Regulator today updated its guidance notes, ‘Making Your Retirement Choices’, to help members make good decisions about their retirement income. Partnership, one of the UK’s leading annuity providers has thrown its support behi...

27/10/2010

Partnership wins Best Long Term Care provider for the second consecutive year

Partnership has been awarded the Best Long-Term Care Provider 2010 at the Health Insurance Awards, repeating its success in this category in 2009. Chris Horlick, Partnership’s Managing Director of Long Term Care said: “Partnership is delighted to h...

18/10/2010

Partnership’s Managing Director of Care on Westminster Social Care Commission

Chris Horlick, Managing Director of Care at Partnership, the largest provider of Long Term Care insurance in the UK, has been invited to be a Commissioner by Westminster City Council, which has formed an independent Social Care Commission, to scrutin...

27/09/2010

As Partnership estimates 70% of least well off pensioners failed to take advantage of open market option last year, IFAs set to increase business volumes as Partnership’s on line enhanced annuity solution makes small accounts profitable

Estimate 70 per cent of those with pension funds of £40 k or under ignore open market option Barriers to writing small pension fund business removed with online solution Costs for typical funds under £30k slashed Inertia costin...

27/09/2010

Partnership estimates 70% of least well off pensioners and pensioners in poorer health did NOT take advantage of open market option last year – losing £450m for the rest of their lives

Estimate 70% of those with pension funds under £40k ignored open market option last year Inertia costing £450m collectively over the rest of their lives Typical OMO increase would increase income by 12 per cent However people with h...

24/09/2010

PARTNERSHIP VOTED ‘BEST ENHANCED ANNUITY PROVIDER’ AT PRESTIGIOUS MONEYFACTS LIFE & PENSIONS AWARDS 2010

PARTNERSHIP VOTED ‘BEST ENHANCED ANNUITY PROVIDER’ AT PRESTIGIOUS MONEYFACTS LIFE & PENSIONS AWARDS 2010 Partnership, the specialist provider of financial solutions for people with health/ lifestyle conditions, has been voted ‘Best Enhanced Ann...

09/09/2010

Perfect partners make the community a safer place to live and work

Perfect partners make the community a safer place to live and work Partnership, the London and Redhill-based specialist provider of financial solutions for people with health/ lifestyle conditions, as well as those suffering from a serious medical ...

16/09/2010

PARTNERSHIP ANNOUNCES STRENGTHENED ACTUARIAL TEAM WITH SENIOR APPOINTMENTS

Andrew Chamberlain has joined Partnership as Chief Financial Actuary from Towers Watson, which he joined in 2000 as a partner in the predecessor firm Watson Wyatt, and where he led the UK regulatory, tax and with-profits teams. He will remain as Ac...

17/08/2010

Explosion in 85 plus year olds set to put massive pressure on Long Term Care funding

Explosion in 85 plus year olds set to put massive Long Term Care funding burden on workers and State – as Partnership reveals UK’s oldest councils now and in 2030 Oldest councils transform into virtual retirement communities as life expectancy ris...

14/07/2010

Partnership launches new product to pay for care without selling your home

14 July 2010 Partnership launches new product to pay for care without selling your home CPPO loan enables people to fund their care while retaining the family home. Fixed interest rate of 6.99% Upon death the property will be sold and the proce...

21/07/2010

Long term care specialist Partnership throws support behind Commission on the Funding of Care and Support

21 July 2010 Long term care specialist Partnership throws support behind Commission on the Funding of Care and Support Partnership, the UK’s largest provider of long term care insurance, today declared its support for the Commission on the Fundin...

30/06/2010

Retirement specialist Partnership argues Budget plans to scrap “Age 75 Rule” will only benefit tiny minority

30 June 2010 Retirement specialist Partnership argues Budget plans to scrap “Age 75 Rule” will only benefit tiny minority Government putting cart before the horse and ignoring the real problem – far too few people aware of the Open Market Optio...

07/06/2010

Over 50s drastically under estimate the cost of long term care, warns retirement specialist Partnership

7 June 2010 Over 50s drastically under estimate the cost of long term care, warns retirement specialist Partnership 1. Survey shows most reckon annual Long Term Care costs less than £30k per year 2. Many people risk running out of money - or fa...

07/06/2010

Financial Advisers left out in the cold on long term care advice, warns retirement specialist Partnership

7 June 2010 Financial advisers left out in the cold on long term care advice, warns retirement specialist Partnership 1. Just 4 per cent would contact a Financial Adviser for advice on long term care, survey reveals 2. Survey shows most reckon ...

09/06/2010

Partnership reveal extent of savings and annuity black hole as millions will have to live on less than £10K per year

9 June 2010 Millions of UK pensioners on collision course for impoverished retirement: shocking new figures from Partnership reveal extent of savings and annuity black hole as millions will have to live on less than £10k per year – and the pensions...

27/04/2010

Partnership named as SimplyBiz 'Annuity Provider of the Year' 2010

Partnership has been named as “Annuity Provider of the Year” by a major network of financial advisers. SimplyBiz, one of the largest adviser networks in the country with over 3,000 members, presented Partnership with this award at their annual awards...

15/04/2010

Small annuity funds become big business, with the launch of the online enhanced annuity solution from Partnership

15TH APRIL 2010 Partnership, one of the UK's leading providers of financial products for people with health and lifestyle conditions, has created a solution to enable advisers to provide better value for the 80% of people retiring with funds below £...

28/01/2010

Partnership targets major growth in Care Market in 2010 with two senior appointments

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24/02/2010

Partnership appoints Boyd as corporate affairs director

Partnership, one of the UK’s leading specialist providers of financial solutions for people living with medical conditions and the UK’s market leading provider of long term care annuities, has appointed Jim Boyd to the role of Director of Corporate A...

21/01/2008

Partnership's new annuity offers smokers top rates in retirement

28/05/2008

Partnership success highlights the benefits of utilising the open market option

01/06/2009

Partnership strengthens care division with Horlick appointment

04/04/2009

Partnership maintains payments on RPI-Linked annuities to project pensioner income