P261 CEEFAX 2 261 Sat 13 Jun 21:11/35
j#3kj#3kj#3k h<|`<t`<th4|h4l<h4|$|,$
j $kj $kj 'k j7j5j5*u?j5j5j51s{5
"###"###"### //-.,-.,-.,/,.-.-.-.,.,,./
An annuity provides a regular lifetime
incomj from a lump sum invjstment.
There are two types:
1/Compulsory Purchase Annuity (CPA)
These are bought from pension funds.
Normally pension plans allow you to
buz a better annuity from another life
firm. This is the Open Market Option.
2/Purchased Life Annuity (PLA)
PLAs are bought with your own capital
and provide a vjry high income.
1/8
CPAs: Male 262 CPAs: Female 263
CPA men YourMoney MoneyNews Main Menu