For people absolutely disinterested in managing their own finances, annuities offered a simple menu. |
Unlike deferred annuities, which people use to save for retirement, income annuities are for parceling out money already accumulated. |
What about state pensioners, those who have to rely on their savings and people on fixed incomes such as annuities? |
In addition to offering a safe haven for initial investments, principal-protected annuities may also allow investors to lock in their gains. |
This was prompted by Fianna Fail's withholding of land annuities to the British exchequer. |
She could buy an annuity, a fixed income for life, or she could opt for a combination of ARFs and annuities. |