What Are Unit Linked Annuities? 
Annuities can be immediate or deferred , both have a place in retirement and financial planning . With an immediate annuity , you exchange a lump sum for an immediate income . Unit Linked Annuities are sometimes called variable annuities . With this type of annuity the income you receive varies totally or partially based on the performance of funds you have selected . A Deferred annuities can be thought of as an accumulation vehicle . The value of Unit linked annuities or variable annuities -LRB- called segregated funds in Canada -RRB- fluctuate based on the performance of the funds selected . If you have any further questions , please do n ot hesitate to contact me . 