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All About Annuities » 2011 » November

Beware the pitch for indexed annuities

Beware the pitch for indexed annuitiesNews from Reuters: By Marla Brill Tue Nov 8, 2011 10:43am EST Nov 8 (Reuters) – Wouldn’t it be nice to earn co…………… continues on Reuters … Read the full article Related News:

Variable annuities can be costly and restricting

Variable annuities can be costly and restrictingNews from Hometownlife.com: Q: Dear Rick: I have a variable annuity that is maturing. I started with about $ 75,000 and now it’s only worth about $ 65,000. I know what you think of variable annuities and I wish I would have listened to your advice. Since I’m under [...]

Annuities what we looked at

Annuities what we looked atNews from Money Marketing: 24 November 2011 3:02 pm | By Ian McKenna It is no secret that the impact of new players in the annuity market has had a significant effect on mainstream providers. Inevitably, impaired and enhanced providers are cherrypicking the customers with greatest mortality risk. This dilutes the [...]

Are retirement annuities still tax efficient?

Are retirement annuities still tax efficient?News from MoneywebTax.co.za: Wanita Isaacs and Christo Terblanche 03 November 2011 Do the more restrictive individual investment limits on RAs outweigh their tax benefits? EXECUTIVE SUMMARY: Previously, retirement funds were considered an obvious choice for many investors due to the tax benefits they afforded. However, changes to Regulation 28 of the [...]

Pension plan: Now, a person can draw annuities at 55 years of age

Pension plan: Now, a person can draw annuities at 55 years of ageNews from Economic Times:MUMBAI: The insurance regulator plans to lay a floor of 55 years of age for a person to draw annuities from pension plans as it moves to reduce risks for insurance companies and revive a pension market that’s ignored by [...]

Legal & General’s Sales Drop on Lower Revenue From Annuities

Legal & General’s Sales Drop on Lower Revenue From AnnuitiesNews from BusinessWeek:November 01, 2011, 10:36 AM EDT By Kevin Crowley (Updates with analyst’s comment in third paragraph.) Nov. 1 (Bloomberg) — Legal & General Group Plc, the biggest investor in the U.K. stock market, said sales fell 0.7 percent in the first nine months of [...]