From December 8 the retirement specialist will be able to offer quotes on either a gender neutral or gender specific basis. By default, quotes will be on a gender neutral basis.
Gender specific rates will continue to be available on request for advisers who can submit applications by December 20, the last day gender specific quotes can be considered.
Quotes on a gender specific basis issued from 8 December will have the standard 45 day rate guarantee, provided the application is received by 20 December and there are no changes to the benefit structure or medical information.
Ahead of the RDR implementation, Just Retirement will make Adviser Charging available from 10 December.
Adviser applications with a declaration signed by no later than December 30 can continue to be processed on a commission basis, provided they are received by January 31.
Stephen Lowe, group external affairs and customer insight director at Just Retirement, said: “These are big changes so we are making the deadlines clear in advance to prevent anyone being caught out at the last minute.
“The dates give advisers the flexibility to help their clients receive higher incomes by getting them on to gender specific rates while ensuring full compliance with the new rules. It promises to be a busy end to the year but we are confident the changeover will run smoothly.”
