Actuarial science | Annuities

Annuities in the European Union

Under European Union law, an annuity is a financial contract which provides an income stream in return for an initial payment with specific parameters. It is the opposite of a settlement funding. A Swiss annuity is not considered a European annuity for tax reasons. (Wikipedia).

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Expected return | Mean | Life annuity | Swiss annuity | Mortality rate | Longevity insurance | Actuarial present value