Australia's largest stock trading and investment forum Australia's #1 stock forum

Got any idea of the numbers of retail annuity funds involved who...

First 22 Last

Share
Profile

Follow
JonnoH

16,319 Posts.

5

19/03/18

12:10

Post #: 31853713
Share

Originally posted by boofta ↑

Dear John
If you a receiving an annuity from anywhere that generates income (to pay the annuity) with franking credits
then the income available is LESS, this places the company providing the annuity in jeopardy, as it could fail.

There is no guarantee that the company supplying the annuity will pay you the promised income. The guarantee is not an absolute guarantee of payment. The guarantee is provided by the financial organisation providing the annuity, and although rare, the annuity is still subject to the risk of the company collapsing. Now increased by labour's policy statement. Go Bill

Expand

Got any idea of the numbers of retail annuity funds involved who currently get these franking credits refunded who won't in the future?
1 Upvote

Reply

There are more pages in this discussion • 57 more messages in this thread...

First 22 Last