Annuity Rates - UK
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Annuity Rates. Find Today's Best Annuity Rate.
Generally speaking, an annuity is a
sum of money payable to a person at regularly
specified intervals. Pensions from retirement
annuity contracts and personal pension plans are
usually paid as annuities, as are lottery
payments and some insurance settlements.
An annuity can also be a form of investment.
You can pay a lump sum to a financial institution
such as an insurance company or bank to buy an
annuity, which then pays you a regular income,
usually for the rest of your life. The income
payments from the annuity are generally fixed at the
outset. Watch out for high sales commissions,
expense ratios and penalties for early withdrawals.
Annuity Rates are
constantly changing. Make sure you research to
find the most up to date information on Annuity
Rates.
An annuity is an
investment sold by insurance companies. It is a way
of converting a lump sum, usually a pension fund
built up during your working life, into an income
for the rest of your life. Unlike other investments,
it cannot be used up - however long you live.
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