St. Patrick's Day. St Patrickâs Day is a global celebration of Irish culture on or around March 17. It particularly remembers St Patrick, one of Irelandâs patron saints, who ministered Christianity in Ireland during the fifth century. St Patrickâs Day is celebrated in countries with people of Irish decent.
A difference that can be seen between pension and annuity is in the payment amount. The pension is determined by the sum that one has earned during his service and adjusted for the duration of his career. Annuity is a scheme that is determined by the amount of investment made by a person towards the scheme.
An annuity is the income for life you buy using a pension when you retire. Until recently you were obliged to buy an annuity by the age of 75, and at present many people have little other option.ine out of 10 use their pension pot to buy annuity [ALAMY]. At the moment nine out of 10 use their pension pot to buy an annuity. That could slip by two-thirds over the next 18 months Barclays has predicted, but, for many, an annuity may still prove the best option. The case for annuities.