Until 1999, the only choice available to anyone retiring was an annuity, a fixed income for life. |
She could buy an annuity, a fixed income for life, or she could opt for a combination of ARFs and annuities. |
This change is estimated using the weighted average duration of the fixed income portfolio. |
The fixed income sector, a long-time top performer among all MPF funds, posted a slight loss, with an average return of minus 0.96 per cent. |
Many pensioners live on a low, fixed income and struggle to pay their rising council tax bills. |
The world's largest fixed income brokerage was based in the north tower of the World Trade Centre, where it employed 1,000 staff. |