Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Referral coach offers referral tips
By staff WriterReferrals are the driving force behind most advisors' practices. Without them, sales suffer and practices close their doors. Bill Cates, president of Referral Coach International has a list of eight-and-ahalf ways to get more referrals. Treat
April 16, 2008
Annuity versatility introducedAlready a recognized leader in the annuity space, Allianz Life Insurance Co. of North America has launched a new fixed index annuity, VersaDex. Allianz says the new product combines the long-term tax-deferred asset growth potential of traditional
April 16, 2008
Lifetime withdrawal benefit debutsIn a nod to Americans who want a guaranteed stream of income during retirement, John Hancock Annuities has introduced an optional lifetime withdrawal benefit rider, Income Plus for Life, to its Venture Variable Annuity contracts. Annual income is
April 16, 2008
LTCI platform unveiledFinancial Advisors who want to offer long term care insurance to clients but don't specialize in LTCI now have help. Penn Treaty America Corp. introduced PersonaLTC, a platformdesigned to help advisors deliver LTCI solutions. The complexity of LTCI
April 16, 2008
Teach seniors these phone fraud tip-offsTelemarketing scams will ensnare anyone who doesn't watch out for himself, but they go after the elderly far more often than other groups. Many scams involve bogus prize offers, phony travel packages, get-rich-quick investments and fake charities.
April 16, 2008
What has proven to be your best (or worst) financial planning decision?"I just turned 50, and looking back, I can't say I've ever made a good financial decision. I've been laid off from work a lot, and most of those jobs were commission-based, so I never had a solid income to rely on. Now we're almost $30,000 in debt.
April 16, 2008
Compliance complaintsCompliance people running scaredOur compliance team has the correct approach - they often say "no" at the first pass, then follow it up with, "Now, let's see how we can make it work." Of course, this is at the internal advisory level in our RIA, not
April 16, 2008
Flexible lifetime income productAmerica gains a new member to the 60-yearold club every eight seconds, as the baby boomergeneration enters its senior phase. With that in mind, Prudential Retirement, a division of Prudential Financial, introduced Prudential IncomeFlex. IncomeFlex,