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261/5 CEEFAX1 Thu 2 Feb CEEFAX.TV
ANNUITIES - EXPLANATORY NOTES 5/10
SPOUSE/PARTNER: Provides an income to
your spouse or partner after your death
which ceases upon their death. The
income can be equal to yours or less,
depending on how much you would expect
them to need.
Your income can be paid at the start or
end of the following periods: monthly,
quarterly, half yearly or annually.
An annuity paid at the end of the first
year will pay the highest income but
you will not receive any income for 12
months. Most people choose a monthly or
quarterly payment.
Source: Annuity Direct
Headlines 200 Your Money 250

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