An annuity lets retirees know exactly how much money they have to spend each month for either the rest of their life, or a certain number of years. Taking comfort in certainty means giving up the possibility of achieving higher returns from investing in the sharemarket. 

General Advice warning:
Pearl Funds Management, an authorised representative AFS Rep No 001254808 of Banyan Securities Pty Ltd AFSL 484139
The information presented by us is general in nature and does not take into account your personal goals and objectives. It does not represent financial product advice. You should always seek independent legal and financial advice before making a decision in relation to a financial product. Read the Product Disclosure Statement (PDS) before making a decision. You should consider your own circumstances, needs and financial objectives before making a decision.

Daniella D'Ambrosio
24 August 2015