How will my regular income be paid?
Your income will be paid in regular instalments as per your
selected interval. You can normally choose to be paid monthly, quarterly,
half-yearly or yearly, and in advance or in arrears. Whatever the frequency,
you’ll get the highest income if you can be paid in arrears (at the end of
the period).Clearly your personal circumstances will determine your the
optimal means of receiving regular income. Your qualified independent
financial adviser will be able to steer you through the jargon.
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by: Annuity Advice on Sunday 24/02/13