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Press Coverage

See the latest press coverage about Life Trust and the Longevity Income Plan.

'Life Trust extends range of Longevity Income Plans as advisers signal demand'

4th August 2008

'In the same week that Mick Jagger becomes and OAP, retirement provider Life Trust has expanded its range of Longevity Income Plans, which provide people living longer with a rising income.' More...

'How much will I need to retire?'

30th July 2008, by Jayne Atherton.

'Retirement is one of the most important reasons we put our money away but few of us are saving enough to be financially comfortable when our working days are over. The average cost of retirement for a typical British household is...' More...

'Credit crunch to hit over-50s hard'

6th July 2008, by Holly Thomas.

'The over-50s look set to be hit hard by the credit crunch, according to new research, which warns thousands face an increased risk of an impoverished retirement. Funding the rising cost of living is one of the biggest issues affecting this age group, with almost half...' More...

'RETIREMENT we could need £1m'

6th July 2008.

'The average retired couple today need £413,000 to see themselves through their old age, according to a report by Life Trust Insurance. But that figure could soar...' More...

'HSBC adds Life Trust's LIP to investment panel'

3rd July 2008, by Charlotte Banks.

'Life Trust's Longevity Income Plan (LIP) is to be added to HSBC's investment panel. The deal will allow 285 premier financial managers across 16 UK HSBC branches to offer the LIP and so provide protection against their savings and investments...' More...

'Retirement costs couples £413,000'

3rd July 2008, by Steve Doughty.

'Life in retirement costs a typical couple more than £400,000 over 20 years, a new analysis has found. It put the price of living for the average pensioner household at nearly £400 a week, and warned that increasing life expectancy and rising inflation...' More...

'A couple need £320,000 to retire'

3rd July 3008.

'Households need an average pension pot of £320,000 to fund their retirement as people live longer, healthier lives. The average couple retiring at 65 need to spend £320,000 on an index-linked annuity to provide them with an annual income...' More...

'Pension boost needed as life expectancy improves'

1st July 2008.

'Savers need to significantly increase their pension contributions if they want an adequate income in retirement, otherwise living longer could prove to be more of a curse than a blessing. Based on current assumptions of life expectancy a husband and wife need to save...' More...

'One in two worried about financing rising longevity'

19th June 2008, by David Carr.

'Just over half of Britons (54pc) said they would be worried about their ability to finance their retirement if they were to live for 10 years longer than today's average life span of 82 years, according to research from Life Trust Insurance Plc.' More...

'Children help parents' high retirement costs'

19th June 2008.

'Nearly a tenth - 1.7m - of British adults are stepping in to help their parents fund retirement as longevity and rising costs take their toll, research by the mutual insurer Engage has revealed.' More...

'100 not out'

4th May 2008, by William Kay.

'Life Trust Insurance, a new company backed by Royal Bank of Scotland, has stumbled on a strange paradox. While many of us have seen our parents surviving longer, and we confidently expect our children to live longer still...' More...

'Paying LIP service'

24th April 2008, by Helen Morrissey.

'How does the Longevity Income Plan work? The Longevity Income Plan (LIP) is the first product designed to deal directly with the financial issues arising from increasing longevity. The LIP is aimed at clients...' More...

'The MM profile: Andy Briscoe'

24th April 2008, by Gregor Watt.

'Life Trust's Chief Executive wants people to enjoy the prospect of longer living but says it is essential to raise awareness of the problems of funding for old age. Here, he tells...' More...

'Life Trust hires Compliance and Risk Director'

23rd April 2008, by Nicola York.

'Life Trust Insurance has hired Andy Cheetham to be compliance and risk director. Cheetham has worked for a number of international life assurance companies over the last nine years including...' More...

'Life Trust launches foundation to raise awareness of longevity'

3rd April 2008, by Nicola York.

'Life Trust has set up an independent foundation to raise awareness and understanding of the financial issues associated with increasing longevity. The Foundation aims to encourage...' More...

'Life Trust adds cash fund to calm concern'

3rd April 2008, by Nicola York.

'Life Trust has added a new cash fund for investors in its Longevity Income Plan in response to requests from advisers following recent stockmarket volatility...' More...

'Get rich or die trying'

4th February 2008, by Sarah Griffiths.

'With 9,000 centenarians currently living in Britain and the figure set to rise to 40,000 in 2031, we have never had such great odds of living to a ripe old age. Whereas traditional annuities do not take longevity into account in terms of their payments, a new product by Life Trust, the Longevity Income Plan, allows...' More...

'Advisers back Life Trust's "breath of fresh air" launch'

24th January 2008, by Anna Lawler.

'The increasing life expectancy of the UK population is causing a headache for those preparing to fund their retirement, with one in three people already outliving their finances, estimates suggest. However, Life Trust is claiming its Longevity Income Plan could be just the medicine...' More...

'Live long and prosper'

17th January 2008, by Nicola York.

'New company Life Trust has set up the Longevity Income Plan which aims to provide a rising income as a client gets older. When an investor takes out the lump-sum policy, their money is invested in a choice of nine funds...' More...

'Life Trust launch offers Longevity Income Plan'

17th January 2008, by Rob Kingsbury.

'New company Life Trust launched this week offering as its first product the Longevity Income Plan, a vehicle specifically designed to deal with financial issues arising from increasing longevity. The plan responds to the increase in life expectancy...' More...

'Life Trust annuity plays to longer living, wealthy retirees'

14th January 2008, by Colin McClelland.

'Newly formed company Life Trust has launched an annuity that aims to support people living increasingly longer by folding the gains made by fellow policyholders who die back into the scheme. The Longevity Income Plan (LIP) backed by JPMorgan, the Royal Bank of Scotland and US hedge fund house D. E. Shaw...' More...

'Life Trust plans to cash in on increasing longevity'

10th January 2008, by Jane Croft and Andrea Felsted.

'A new company chaired by former Barclays executive Roger Davies has been launched to offer products designed to provide income for people living into their 80s and 90s. Life Trust aims to offer financial products that it said could help retired people supplement their pensions at a time when longevity is rising...' More...

'Easing an old age problem'

9th January 2008, by Anthony Hilton.

'One of the major problems with old age is that pensions rarely keep pace with inflation, savings gradually run out and the older people get, the more they decline into poverty, genteel or otherwise. It has always been like this - it is reckoned that of the 11 million people currently retired...' More...