Immediate annuities sales rise on promise of lifetime income
By Staff Writer"Immediate" annuities are attracting more boomers drawn to lifetime income guaranteed by U.S. life insurance companies. Chris Blunt, executive vice president of retirement income security...
April 12, 2009
Once upon a sales callWhen times are tough, it's easy to fall into the trap of unwisely hoping a fairy tale-like customer will miraculously save the day, but you must be your own knight in shining armor.
April 10, 2009
Survey: investment managers decrease cash positionsGlobal investment managers show signs they want to get back into the market. A survey of investment managers by Northern Trust Global Advisors (NTGA) found...
April 10, 2009
S&P: For life insurers, TARP aid won't immediately boost ratingsEven though the Treasury has expressed the possibility to expand federal aid to life insurers, Standard & Poor's Rating Services says not to expect higher...
April 09, 2009
A bunch of drunken 12-year-oldsI'd laugh if so much wasn't at stake. Congressman Jared Polis (D-CO) wrote an op-ed in the Wall Street Journal a while back when all...
April 09, 2009
Health care system may drown in wave of boomersThe number of geriatricians, which is currently inadequate at one for every 2,500 seniors, will need to grow exponentially, from 7,128 to 36,000, in order to meet the expected demand.
April 09, 2009
The real source of retirement incomeFor all the industry angst over the need for retirement income products and strategies, the simplest answer (as usual) might prove best. Bloomberg speculates on...
April 09, 2009
Individual LTCI Sales Down in 2008As the economy withered in 2008 so did the LTCI market, which recorded sales of just over $600 million for the year.
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