We are pleased to announce the Later Life Account (‘LLA’), a new unit-linked purchased life annuity from LCA.
The LLA is designed to provide sufficient funds to pay for care costs in the future. Annuity payments can be made directly to the annuitant, to care providers, or both. One-off annuity payments are also allowed.
Similar to our FLA and FPA products, the LLA annuity payments are completely flexible and are payable for life or until the funds are exhausted.
Visit the products section of our website to find out more.
At London & Colonial Assurance (‘LCA’), our values make us stand out and drive our success. They shape how we interact with advisers and customers:
As well as great service, our products are a reflection of our commitment to our values.
Gibraltar, a British overseas territory, is located at the southern tip of the Iberian Peninsula of mainland Europe and is the home of LCA.
It is a self-governing well-regulated financial centre with robust regulatory standards.
The Gibraltar Financial Services Commission (‘GFSC’) is the local supervisory body responsible for monitoring the financial services industry.
The GFSC continues to provide support and regularly collaborates with the industry as well as closely mirroring the regulatory regime in the UK.
The Financial Action Task Force, the global anti-money laundering watchdog, also recognises Gibraltar as a responsible and transparent financial centre, dedicated to upholding the highest standards of compliance with its international obligations.
In this webinar, we explore LCA’s regulatory permissions, Passporting, and the jurisdictional advantages of Gibraltar.
We then learn about the benefits of our annuity products following the Autumn Budget 2024.
