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Is a Purchased Life Annuity guaranteed by the government?
Simenon
Posts: 1 Newbie
Is a Purchased Life Annuity guaranteed by the government against the provider going bust, like a Pension Annuity is protected?
0
Comments
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No. The Government has no protection scheme. However, they are protected under the Financial Services Compensation Scheme.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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