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 ...
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 ...
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 ...