An annuity is an insurance contract you purchase to receive payments for a specific period, such as 30 years, or for the rest of your life. By applying a mathematical formula consisting of variables ...

Buying an annuity, a product that provides income for life, offers increasing value as you age, as opposed to attempting to self-insure longevity risk. This is due to “mortality pooling,” a principle ...

Equipped with multiple new features, the offering enables customers to personalise their retirement plan basis their unique needs Option to boost income annually up to 6% with Increasing Annuity ...