Webline is to introduce a new pension term assurance (PTA) service so advisers can compare tax-effic...
Webline is to introduce a new pension term assurance (PTA) service so advisers can compare tax-efficient life products after A-Day. The portal has been working with Friends Provident, Legal & General, Liverpool Victoria and Scottish Equitable to set up the service and intermediaries will be able to quote and apply from April. Four more providers will join the panel shortly after A-Day. PTA products will be quoted in the results table with premiums both gross and net of basic rate tax and advisers will be able to compare PTA alongside traditional term products. The service will be ready by 6 April.
