How safe is my annuity?
Annuities are generally provided by insurance companies and offer a
secure income paid for the remainder of the policyholder’s life. The
financial security of an insurance company is important as the annuity may
need to be paid for a period of 30 years or more. Your qualified independent
financial adviser will have reviewed all the financial strength measures of
the annuity providers to minimise the risk to your regular income from your
annuity.
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by: Annuity Advice on Sunday 24/02/13