LV=’s Protected Retirement Plan (PRP) is now available on The Exchange’s Exweb portal. The PRP product was launched last month.

PRP’s availability on Exweb means that financial advisers can now obtain instant personalised quotations, with the ability to compare the value of a fixed term annuity style product against a lifetime annuity product on a single website.

LV= is the second company to provide fixed term quotations through this platform, and the only fixed term product provider whose quotations contain tax free cash. The quotes are available within the transfer / IVPP section of the existing annuity service on Exweb.

Matt Trott, LV= head of annuities, said: “Launching PRP onto Exweb shows our ongoing commitment to the intermediary market and our readiness to use technology to streamline the quotation process wherever possible.