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9-10-2008
London, 09 October. MGM Advantage, the retirement income specialist, today announces the appointment of Lynsay Dickinson as Head of Marketing. Lynsay joins from Prudential and will report to Aston Goodey, Sales and Marketing Director.
Lynsay brings with her a strong background in financial services communications. Over the past year she managed the public relations for Prudential’s Annuities and Lifetime Mortgage products division. She has also worked as Senior Marketing Manager for the annuities arm of Prudential’s business.
Aston Goodey said: “The addition of Lynsay to our communications team further demonstrates our commitment to becoming one of the top enhanced annuities providers in the UK. Her skills and experience in the market will make sure we continue to deliver our messages in the most clear and straight-forward way possible, to all our audiences.”
Goodey continued, “Lynsay joins a team united in the belief that people aren’t getting the best deal they deserve when they retire. Consumers need good advice, especially now that times are tougher. MGM Advantage intends to play a vital role in making people aware of the need to shop around and seek independent financial advice so they can make the most of their pension pot.”
Previously known as MGM Assurance, MGM Advantage re-launched as a retirement income specialist in June 2008, offering enhanced annuities which cover a wide spectrum of health conditions. It offers an industry-leading 45 day quote and best price guarantee.
NOTES TO EDITORS
History: Based in Sussex, the life assurer opened its doors in 1852 as Marine and General Mutual Life Assurance Society, to fill the poorly-met insurance needs of seafarers and traders.
About MGM Advantage: mgmadvantage.com
MGM Advantage is a new name in the UK retirement income market. Formerly known as MGM Assurance, the company repositioned itself as MGM Advantage in June 2008, when it launched a wholly-owned business unit called MGM Advantage Designs for Retirement to focus on annuity sales and the wider retirement income market. MGM has been registered longer than any other company in the UK. It is a mutual society owned by its members, and manages assets in excess of £1.6 billion. MGM Advantage’s commitment to customer satisfaction is backed up by a customer charter, which promises high quality service and ease of mind.
MGM Advantage distributes its products through independent financial advisers (IFAs) across the UK.
MGM Advantage Designs for Retirement, MGM Advantage and the MGM Assurance logos are Trade Marks of Marine and General Mutual Life Assurance Society.
For further information contact:
Clea Bourne
Flagship Consulting
Weekday: 020 7886 8447
clea.bourne@flagshipconsulting.co.uk
Will Brewster
Switchboard: 020 7886 8440
Flagship Consulting
Will.brewster@flagshipconsulting.co.uk

EU Gender Ruling
On 1 March 2011, the industry received a ruling from the European Court of Justice stating that gender pricing for annuities constitutes discrimination and can no longer be used. The rule of unisex premiums and benefits will apply with effect from 21 December 2012.
We are currently awaiting full details of the ruling to ascertain the wider issues before making any changes to our annuity pricing. We will continue to use our current pricing rationale as part of our pricing policy as we formulate plans to move to the new rules.
Press Release
Press Release

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