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Pension accounts
Capital, Annuity, Terminable Annuity or Life Annuity? You may wish to have all your pension savings paid out the day you retire. Or you may prefer a pension scheme that gives you a fixed income and regular monthly payments over a number of years.
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Pension accounts covers the following
Capital Pension
A capital pension is typically disbursed as a lump sum, but you may choose to have the sum disbursed in a few instalments.
Read about Capital Pension
Annuity Pension
With an annuity pension, you will get a savings scheme that ensures regular disbursements for a period of 25 years.
Read about Annuity Pension
Terminable Annuity
If you want regular disbursements for a limited period of at least 10 years, you should choose a terminable annuity scheme.
Read about Terminable Annuity
Life Annuity
If you want a fixed monthly income for as long as you live, you should choose a life annuity scheme.
Read about Life Annuity
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