An­nu­ity’s re­turns are too low

Weekend Argus (Saturday Edition) - - LIFE -

I am 62 years old and have a Clas­sic Linked Life An­nu­ity Plan with Lib­erty. I was un­der the im­pres­sion that it would pay out a lump sum on re­tire­ment. I dis­cov­ered that it doesn’t. I am re­ceiv­ing a neg­li­gi­ble monthly amount, and I no longer see the ben­e­fit of this plan. What can I do to earn the max­i­mum re­turn on this in­vest­ment? Can I be paid out? Is a sec­tion 14 trans­fer to another com­pany worth con­sid­er­ing?

JM Meyer

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