Living Annuity

Can I transfer my current living annuity to another provider?

Question:

Can I cancel my policy which was for capital protection on my pension and change to the living annuity option? The policy is active after 4 years and 8 months.

Answer:

The living annuity is a post-retirement product. You can transfer your current living annuity to another provider, or you can use the proceeds from your retirement fund to buy a living annuity. It is not clear from your question what product you are currently invested in (ie a pre or post-retirement product).

How can we 10X Your Future?

Begin your journey to a secure future with 10X Investments. Explore our range of retirement products designed to help you grow your wealth and achieve financial success.