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Pension Annuity Articles

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UK Pension Annuity Explained

22 Feb at 7 PM - by Admin
An annuity is a regular income paid in exchange for a lump sum, usually the result of years of investing in an approved, tax-free pension scheme. There are different types. The vast majority of annuities are conventional and pay a risk-free income that is a guaranteed for life. The amount you receive will depend on your age, whether you...