![](https://www.moonstone.co.za/wp-content/uploads/annuity.jpg)
Fund members must understand the implications of annuity choices, says FAIS Ombud
The restrictions on accessing funds within a life annuity should be made clear.
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read moreThe restrictions on accessing funds within a life annuity should be made clear.