Annuities
Annuity news and analysis, including coverage of annuity market regulatory, compliance and legislative issues.
Qualified Annuity Sales Go Mainstream
By Warren S. HerschA key factor observed to be fueling record sales of annuities among the now retiring baby boomers are the guaranteed living benefits provided as optional riders to these products.
January 17, 2008
Ibbotson Says Living Benefits Help Retirement PortfoliosCombining a variable annuity with a lifetime guaranteed minimum withdrawal benefit and a traditional investment portfolio can increase a worker's retirement income.Analysts at Ibbotson Associates, ...
January 17, 2008
Ibbotson Says Living Benefits Help Retirement PortfoliosCombining a variable annuity with a lifetime guaranteed minimum withdrawal benefit and a traditional investment portfolio can increase a worker's retirement income.Analysts at Ibbotson Associates, ...
January 16, 2008
Americo To Acquire Financial IndustriesAmerico Life Inc. has agreed to acquire Financial Industries Corp. for about $75 million in cash.Americo, Kansas City, Mo., will pay $7.25 per share for ...
January 15, 2008
Americo To Acquire Financial IndustriesAmerico Life Inc. has agreed to acquire Financial Industries Corp. for about $75 million in cash.Americo, Kansas City, Mo., will pay $7.25 per share for ...
January 15, 2008
Francis J. PayneFrancis J. Payne, CLU, ChFC, managing director for Penn Mutual Life Insurance Company, will assist Jim Cerone in the development and growth of Centra Financial Group. Prior to joining Penn Mutual, Payne was president and chief executive officer of
January 15, 2008
Jim CeroneThe Penn Mutual Life Insurance Company has added a new organization, Centra Financial Group, to its Career Agency System. Leading this effort for the company is James Cerone, CLU, ChFC, managing partner. Cerone most recently served as a personal
January 14, 2008
Francis J. PayneFrancis J. Payne, CLU, ChFC, managing director for Penn Mutual Life Insurance Company, will assist Jim Cerone in the development and growth of Centra Financial Group. Prior to joining Penn Mutual, Payne was president and chief executive officer of