Life annuity or money market fund?

Hi Mr Tan,

Currently, which offer better investment yield ? Money market fund or annuity (lifetime with
immediate drawdown and no refund). Please give the name of the fund or annuity.

REPLY

The life annuity provides a higher return as it is invested in long term investments, which give a higher return than short term investments innvested by the money market fund.

You can read this FAQ

http://www.tankinlian.com/faq/life.html

I suggest that you talk to an insurance adviser (call an adviser listed in my blog) or talk to a salaried consultant at the NTUC Income Business Center.