What is an Annuity?
An annuity is a financial product that provides you with a guaranteed income for life. It is a type of investment that you purchase, and once you start receiving...
FAQ Category: Annuities
Can I change my mind after purchasing an annuity?
In general, once you purchase an annuity, the terms of the contract are fixed and cannot be changed. However, some annuity contracts may offer a “free look” period, typically...
Do I need advice when choosing an annuity?
In short, yes! Making decisions about your pension and retirement income is crucial, especially when considering an annuity. Fully understanding your options and their long-term impacts is essential. So,...
