Multiple choice general knowledge

_________allows the annuitant to move money among investment portfolios i.e. taking the value of some or all of the units in one fund and putting it into other funds.

  1. Shifting

  2. Switching

  3. Routing

  4. Terminating

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Switching is the technical term in annuities and investments for moving money between different investment portfolios or funds - taking value from units in one fund and moving it to another. Shifting is not the industry term, Routing refers to directing flows (not moving investments), and Terminating means ending the contract entirely. Switching allows portfolio reallocation while keeping the annuity active.