Genworth Cuts 1,000 Jobs
By Allison BellA financial services company says it has implemented plans announced in December 2008 to reduce the size of its workforce by about 14%.
January 05, 2009
Annuity mythsAnnuities Institute offers a list of the top 10 myths associated with annuities. Every annuity is a variable annuity. Often, all types of annuities are lumped together with variable annuities, despite differences in risk properties. Nearly
January 04, 2009
SEC's 151A Decision ProvokesThe U.S. Securities and Exchange Commission voted on Dec. 17 to regulate many kinds of indexed annuities.
January 01, 2009
A foundation of fixed annuitiesWhen financial markets behave unpredictably, investors tend to flock to products that offer predictability. So it's no surprise that amid all the recent financial upheaval, interest in traditional fixed annuities appears to be surging. Fixed
December 31, 2008
New productsFixed annuities ING Fixed Annuities The new ING IncomeProtector Withdrawal Benefit, a revamped version of previous offerings, now provides a 7 percent compounding roll-up during the first 10 years of the deferral phase and an annual ratchet
December 31, 2008
A foundation of fixed annuitiesWhen financial markets behave unpredictably, investors tend to flock to products that offer predictability. So it's no surprise that amid all the recent financial upheaval, interest in traditional fixed annuities appears to be surging. Fixed
December 23, 2008
SEC 151A passes: What now?As you most likely know by now, on Dec. 17, U.S. Securities and Exchange Commission members voted 4-1 to pass Ruling 151A, a decision that could alter the way many of you in the financial services industry sell products. Last week, we covered the
December 23, 2008
SEC 151A passes: What now?As you most likely know by now, on Dec. 17, U.S. Securities and Exchange Commission members voted 4-1 to pass Ruling 151A, a decision that could alter the way many of you in the financial services industry sell products. Last week, we covered the