Explain the difference between a with-profit annuity and a unit-linked annuity.
Question:
Explain the difference between a with-profit annuity and a unit-linked annuity.
Annuity Plan
An annuity plan acts investment plan for an individual which provides a return in the form of income to the investor. It helps to meet the retirement need and obligations with the regular payments on the lump-sum amount.
Answer and Explanation: 1
Become a Study.com member to unlock this answer! Create your account
View this answerThe difference between the with-profit annuity and a unit-linked annuity is as follows:
With-profit annuity | Unit-linked annuity |
A pension scheme... |
See full answer below.
Ask a question
Our experts can answer your tough homework and study questions.
Ask a question Ask a questionSearch Answers
Learn more about this topic:

from
Chapter 2 / Lesson 7An annuity is a fixed amount of income paid at regular intervals, such as monthly or quarterly. Learn the definition and formula for annuity, review examples of annuities, and understand how to determine the value of annuities.
Related to this Question



















