Living Time was the first company to launch in the new retirement income "middle market" in the UK. The Living Time Plans are designed as the low risk and low cost alternative to income drawdown as they carry no investment performance risk and have no ongoing charges. The Plans are a way of securing a pension income in retirement whilst keeping the retirees' options open. This is quickly being recognised as a real alternative to the traditional lifetime annuity. Additionally the Plans appeal to those clients currently considering a drawdown arrangement or already in drawdown who want to reduce their exposure to invest risk. Living Time Plans can have terms from 5 years upwards to a maximum maturity age of 75 and enable clients to choose from a range of income and death benefits, whilst providing the comfort of a guaranteed maturity value at the end of the term. At this point, the client is free to move their funds into an appropriate pension vehicle without penalty thus providing both control and flexibility. Kim Lerche-Thomsen, Chief Executive and Founder Kim was the founder and managing director of Prudential Annuities, building it into one of the largest annuity businesses in the UK. He subsequently became chief executive of Scottish Amicable and led its integration into Prudential before leaving to set up Living Time. *AIG Life is a trading style of American Life Insurance Company (ALICO), Registered in England Number FC2696. Living Time is an appointed representative of ALICO, who are authorised and regulated by the Financial Services Authority. COMP 5564 Living Time PO Box 948 Cheltenham, GL50 9BY Tel: 08450 588 500 Lines are open Monday to Friday 8.30am to 5.30pm