Annuity
An annuity is an investment that provides an income stream for a stated period
of time in exchange for a lump sum payment (single premium). The income ceases
at the end of the stated period. ...read more
Segregated Funds
Segregated fund is a pool of money, invested in stocks, bonds or Treasury Bills
held solely for the benefit of the unit holders of the fund and which cannot
normally be touched by creditors. The main reason for it to be creditor proof
is the fact that this is an individual variable annuity contract; thus it is
governed by the law of the Insurance Act. ...read more