Can I change living annuity providers?

Question:

Can I transfer a current annuity pension from one company to another or am I commited to that company once they start paying a pension

Answer:

Carol, If you are invested in a Living Annuity, you can change to another provider. If you bought a Guaranteed Annuity, you are locked in.

The information and answers supplied in this section do not constitute advice as defined by the Financial Advisory and Intermediary Services Act, 37 of 2002.

Category: Retirement Annuity

Topic: Customer Questions

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