cf567e9b_ion_Annuities___Key_Retirement__Meaning
[Description] Payment frequency [Meaning] 
You can choose how often you want to receive your income: monthly, quarterly, half-yearly or yearly. You can also choose when the money goes into your bank account – at the start (in advance) or the end (in arrears) of each period. Being paid ‘yearly in arrears’ will give you the highest annual income, as this gives the provider company more time to invest your funds. ‘Yearly in advance’ will provide the lowest annual income.
Pension Annuities | Key Retirement
Meaning