Annuity rates may change from time to time and are only guaranteed
for a limited time period. If the annuity income does not match
the guarantee you will not, for that reason alone, be entitled
to compensation under the Financial Services Compensation Scheme.
An annuity is a long term investment as it cannot be cancelled
or transferred to another provider once set up. It does not
have a cash-in value. Annuities may have cancellation rights
but these are only available for a limited period.
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