THE Australian Securities and Investments Commission has released five new fact sheets explaining the features of five different retirement income products.
The fact sheets cover market-linked pensions and annuities; allocated pensions and annuities; lifetime pensions and annuities; life expectancy pensions and annuities; and fixed-term pensions and annuities.
The fact sheets are available from ASIC’s consumer website at www.fido.asic.gov.au/retire along with other information about money matters.