A annuity is like a mortgage in reverse. Instead of a person borrowing money, they invest money with a financial institution which then makes regular income payments back to the client that contain both interest and principal. Annuities can provide income for the entire life of the investor and their spouse.

Guaranteed retirement income for life

With a single upfront investment, a Life Annuity can provide income to you and your spouse (if selected) for the rest of your life, no matter how long you both live.

Tax advantages

You can use annuities to generate tax efficient income from your non-registered funds. This type of tax treatment is not available for other fixed-income investments.