What is an annuity rate? Buying an annuity involves converting your retirement savings into a guaranteed income. Annuity rates determine how much income you'll get. For example, if you have a pension ...
Should you invest in an annuity and guarantee a regular income for the rest of your life? Or, should you commit to pension drawdown, where your capital still has the opportunity to grow and ...
I receive a monthly pension from the Superannuation Fund (managed by LIC) as per the terms of my employment. I was working in a private sector company and retired recently. My employer contributed ...