Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
New developments in the annuity market
By Ed McCarthy, CFP, RICPwith sales on the increase and a boomer-oriented market more interested in generating and managing retirement assets, annuity issuers are crafting some inventive solutions. It's a good market for annuity sales. LIMRA reported that total U.S.
August 01, 2008
Insuring 401(k) Success Via AnnuitiesMichael Salley is one of those ever-growing group of advisors who have become independent and taken their Wall Street knowledge to Main Street, bringing along...
July 31, 2008
Clients get choice of inflation protectionChoice is something Americans have come to expect, whether it's at the ice cream shop or at their financial advisor's office. New York Life Insurance and Annuity Corp. has an annuity feature that will give advisors the chance to let
July 31, 2008
Mistakes advisors makeWhat are some of the most common mistakes advisors make when it comes to referrals? Our experts point to these: Not asking for them. Enough said. Being too aggressive. Yes, advisors must ask, but coming on too soon or too strong can doom
July 31, 2008
New index annuity rolled outAllianz Life Insurance Co. of North America has introduced a fixed index deferred annuity that delivers positive indexed interest whether the market during the crediting period was up or down. The Allianz Summit II annuity uses a five-year
July 31, 2008
The biggest aren't always the bestAn investment study recently found that investors generally do not select the lowest cost investment. This has important implications in the selling of annuities. Three different groups were shown four S&P 500 Index mutual funds offered by four
July 31, 2008
The great SEC debateAs I write this, it's been a couple of weeks since the Securities and Exchange Commission voted 3-0 to define equity indexed annuities as securities and I have noticed something pretty quickly: whichever side of this debate you've taken,
July 31, 2008
Do you prefer to work with an independent agent or a captive agent?We've worked with both. To tell you the truth, sometimes it comes down to the person you deal with. I admit I might like some of the bells and whistles or offerings you hear from one or the other, but at the end of the day you have to find...