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Prudential – Income Choice Annuity

Prudential

Income Choice Annuity

Type: With-profits annuity

Minimum premium: Lump sum £10,000

Minimum age: 50, 55 from April 6, 2010

Income frequency: Monthly, quarterly, half yearly or yearly payment options in arrears or advance

Charges: Implicit

Options: Secure level option providing a minimum income, minimum payment guarantee of up to 10 years, joint life

Commission: Initial up to 3.5% or £500, renewal up to 0.5%

Tel: 0808 234 5100

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