InvestSMART
Annuities

Who buys and sells annuities?

Annuities are a common investment for pensioners and retirees as they are a guaranteed regular income stream. The consistency of annuities means that unlike other investment types annuities can be relied upon to not run out before you die (if you chose the “for life” option) and the regular nature of the payments allows for budgeting for years in the future.

Super funds and insurance companies are the main sellers of annuity products.