Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Fixed indexed annuity menu receives boost
By staff WriterJackson National Life Insurance Co. introduced a new fixed index annuity to its menu of FIA options, its seventh FIA product. Jackson AscenderPlus Select offers a guaranteed minimum interest rate and a guaranteed minimum death benefit, and it
April 10, 2008
St. Paul's Senior Homes and ServicesSt. Paul's Senior Homes and Services, a non-profit organization in San Diego has implemented Program of All-Inclusive Care for the Elderly. The Medicare- and Medicaid-certified service is designed to help provide in-home care for seniors. Altitude
April 10, 2008
Have you ever felt like an advisor was not really working in your best interest?William A., 63Englewood, Colo."I absolutely love my advisor, so - no. I've been with him for 20 years, and he even comes to our barbecues and birthday parties, so I consider him a friend. In all that time, he's never done anything unscrupulous or
April 10, 2008
Annuity aimed at smokersBuilding the means to have a solid retirement income is no easy task. The job is even more difficult for smokers, who often are denied life insurance or annuity coverage, or are forced to pay much higher rates for that coverage. One company has
April 10, 2008
What's hot in annuitiesYour phone rings and a great client who gave you three referrals, informs you that he needs to take a $23,000 withdrawal. The tone of his voice is strained. He needs it now because something has come up. He asks if there will be any interest
April 10, 2008
John W. Greene, Jr.John W. Greene, Jr., CLU, ChFC, president of agency distribution at The Prudential Insurance Company of America, has been named to the Executive Committee of the Board of Trustees at The American College. Greene has been a member of The American
April 10, 2008
ING expands FIA marketThree new fixed index annuities make up ING USA Annuity and Life Insurance Company's family of ING Envoy annuities. All three FIAs feature withdrawal flexibility based on what the company calls "windows of opportunity," which allow full or
April 10, 2008
Leapfrog the bottom feeders.Well, the heat's been turned up on the issue of sales practices in the senior marketplace.When I heard that U.S. Senate Special Committee on Aging was planning to hold hearings in September, shortly before the second annual Senior Summit, I expected