With a deferred annuity, you pay now and hope to accumulate assets through either a variableproduct that invests in equity mutual funds or a fixed product that offers bond-like returns.
Our ability to differentiate through product innovation, evolve our variable cost model, and maintain a robust balance sheet means that we are well positioned to capitalize on future growth opportunities as the gap closes between demand and actual spending by our core network customers.
If you go for a variable rate mini-cash Isa you should bear in mind that some product providers have been know to offer a very attractive rate to tempt new customers but then reduce the return at a later date.