deferred annuity definition

deferred annuity means deferred annuity contracted on or after 1 January 2014 issued by insurers licensed under the Financial Services Act 2013 [Act 758] or takaful operators registered under the Islamic Financial Services Act 2013 [Act 759], and contains the Retirement Saving Standards approved by the Central Bank;
deferred annuity means an option where the Annuity is payable upon expiry of the Deferment Period, as per the payment mode chosen by You;
deferred annuity means an insurance that provides benefits at a future date which may be fixed deferred annuities where specified amounts are payable or variable annuities where the benefits are dependent on the performance of an investment fund or funds;

More Definitions of deferred annuity

deferred annuity means a deferred annuity to which regulation 11 of the Occupational superannuation Standards Regulations of the Commonwealth applies;
deferred annuity means an annuity with the first income
deferred annuity means deferred annuity contracted on or after
deferred annuity means an annuity with the first income payment due no earlier than one year from the date of issue and the annuity is not an immediate annuity.
deferred annuity means an annuity where the first annuity payment is due no
deferred annuity means an annuity other than an immediate annuity;
deferred annuity means a deferred annuity to which Part 5 of the Superannuation Industry (Supervision) Regulations applies.