Individual pension services

**Includes:** - underwriting services of annuities, i.e. plans which provide income payments at regular intervals to individuals. Plans may require a single contribution or a series of contributions; may be compulsory or optional; may have nominal benefits determined in advance or dependent on the market value of aspects supporting the plan; and, if related to employment, may or may not be portable with a change in employment. The duration of the period during which benefits are paid may be fixed in terms of a minimum or maximum; there may or may not be survivors' benefits.

**Excludes:** - portfolio management services (except pension funds), cf. 71530 - trust services, cf. 71541 - pension fund management services, cf. 71640 - pension fund administration, cf. 71690