From: a@b.invalid (A Dodger)
Subject: Re: Purchase Life Annuity for a 90 year old
Date: Thu, 02 Oct 2003 13:30:32 +0100
Newsgroups: uk.finance

In , Terry Harper wrote:


> 
> Are you not looking for the wrong product? 

Quite possibly :-)   I was trying to steer clear of anything that 
clouded the basic gamble on life expectancy; am I right in assuming 
that a care annuity would simply add a touch of indexation, or is there 
more to it?  I think I saw somewhere that the tax treatment might be 
slightly more beneficial, but for a 90 year old, virtually all the 
payments under a standard PLA are treated as a return of capital 
anyway, aren't they?



--