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There's always a risk an annuity provider will go bust.

There's also a risk of a meteor hitting the earth. The likelihood is very low.

Yes, they're available. They're are also used to compare how much a fixed pension would cost in present dollars.

Yes, a variety of products exist in the U.S. But when I did limited research in the past, I found high fees and low returns.

Low returns are inevitable for low-risk investments in a ZIRP environment. This is not an argument in favor of pensions.