Helping organisations deliver and grow
In the last five years the annuities market has evolved to benefit consumers with greater choice and better service. Existing providers must work harder and new ones move quickly to secure a share in a market the value of which has been predicted to grow to over £20 billion by 2012.
For existing annuity providers this means removing limitations of systems which cannot support new products and are expensive to change. New entrants must restrict cost and barriers at set up to launch at speed. Outsourcing suppliers need to ensure their services remain reliable and cost-effective. All must adhere to statutory regulation including meeting new requirements for data accuracy and Solvency II.
Working with a specialist external supplier can help overcome these challenges and deliver market leading products at a competitive price.
Xafinity Paymaster supplies end to end processing through the full lifecycle of an annuity including new product and annuity payroll services.
Download our Annuity Brochure and view our full range of services to find out how Xafinity Paymaster can help you.