Warning on variable annuities to advisors: Be afraid. Be very afraid.
By Gil WeinreichGlenn Daily, insurance expert and VA dissenter, says complexity of these products guaranteed benefits is beyond most advisors ability to assess.
November 16, 2012
$10 trillion on the sidelines: a good thing?Ten trillion dollars are sitting on the sidelines right now. What are you doing to make some of that money part of your practice?
November 14, 2012
Trial opens for two accused of defrauding the dyingAt issue is a loophole in variable annuities and the so-called death-put bonds.
November 05, 2012
Big insurer MetLife swung to loss in Q3The recent quarter took into account a $1.6 billion reduction of its U.S. annuities business.
November 05, 2012
Hartford offering some annuity holders buyoutsHartford joins a number of annuity providers that are switching contract features in an attempt to reduce the long-term risk of guaranteed payouts.
November 05, 2012
Hartford offering some annuity holders buyoutsHartford joins a number of annuity providers that are switching contract features in an attempt to reduce the long-term risk of guaranteed payouts.
October 31, 2012
Guaranteed Lifetime Withdrawal BenefitsGLWBs are popular with consumers, but can variable annuity providers pay for those riders long into the future?
October 18, 2012
Variable annuities and the lifetime income challengeReturn of principal should take a back seat to generating an income stream for life.