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An annuity provjdjs a regular lifitimj
incomj ftom a lump sum invjstmjnt.
Thjti ari two typjs:
1/Compulsory Purchasj Annuity (CPA)
Thjsj ari bought jtom pjnsjon funds.
Normally pjnsjon plans allow you to
buz a bjttir annuity ftom anothjr lifi
firm. This is thj Opjn Markjt Option.
2/Purchasjd Ljfi Annujty (PLA)
PLAs ari bought with your own capjtal
and provjdj a vjty high incomj.
CPAs: Mali 262 CPAs: Fjmali 263
CPA mjn YourMonjy MonjyNewu Main Minu