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All About Annuities » 2012 » May

Is Now a Good Time for Annuities?

Is Now a Good Time for Annuities?News from msnbc.com: The No. 1 financial fear that nearly every retiree or near-retiree has is running out of money. Regardless of how big a retirement nest egg you have, there’s always a nagging concern that it may not prove to be enough — and if you hit the [...]

This Weekend’s Barron’s: Top 50 Annuities ~ Intel Chips Are Finally in …

This Weekend’s Barron’s: Top 50 Annuities ~ Intel Chips Are Finally in …News from Barron’s: Top 50 AnnuitiesBarron’s picks the best annuities from today’s dizzying array of choices, for Americans are eager to lock in steady retirement income. Why Intel Deserves Another LookThe world’s No. 1 chip producer Intel missed a lot of the opportunity [...]

MetLife Seen Scaling Back Annuities as CEO Narrows Focus

MetLife Seen Scaling Back Annuities as CEO Narrows FocusNews from BusinessWeek: MetLife Inc. (MET) (MET) may target annuities and U.S. retail life insurance for cost cuts as Chief Executive Officer Steven Kandarian unveils his plan to improve returns. “I think they’re going to announce some expense-reduction initiatives in those lines of business and maybe announce [...]

Annuities fell in 1Q; indexed up

Annuities fell in 1Q; indexed upNews from InvestmentNews: Annuity sales took a dive during the first quarter, but sales of fixed indexed annuities jumped, thanks in large part to guaranteed-lifetime- withdrawal-benefit riders. Advertisement Related to this story Annuity sales fell to $ 54.8 billion in the quarter, down 8% from a year earlier, according to [...]

Top 50 Annuities

Top 50 AnnuitiesNews from Barron’s: When wealth manager Peter D’Arruda talks about the “old days” for annuities, he isn’t talking about the Roman Empire, where these income-generating insurance products were invented and payments were calculated with an abacus. He’s talking about last year, when guaranteed payouts and benefits on all kinds of annuities were far [...]

New York Life Announces New Terms for Fixed Annuities

New York Life Announces New Terms for Fixed AnnuitiesNews from Annuity News Journal: On April 19, 2012, New York Life announced new terms allocation for its revenue diversification option, the Secure Term MVA Fixed Annuity. The new three-year term provides an initial interest rate guarantee contract and surrender charges only apply for the first three [...]

MetLife to Expand in Emerging Markets, Pare Annuities

MetLife to Expand in Emerging Markets, Pare AnnuitiesNews from BusinessWeek: MetLife Inc. (MET) (MET) will expand in emerging markets, add sales of accident-and-health protection in the U.S. and scale back from capital-intensive products such as variable annuities as it works to reverse a stock slump. The largest U.S. life insurer plans to raise return on [...]

Best annuities: What next for annuity rates?

Best annuities: What next for annuity rates?News from Expert predictions – This is Money: By This Is MoneyUPDATED: 07:26 EST, 24 May 2012 With turmoil in the eurozone expected to push annuity rates to an all-time low, workers poised to retire are facing a massive blow to their pension income.  Annuities, which are bought by [...]

Aplifi and Silanis Expand their Partnership with AFFIRM for Annuities e …

Aplifi and Silanis Expand their Partnership with AFFIRM for Annuities e …News from Virtual-Strategy Magazine: Aplifi sets to expand its partnership with Silanis by adding their eSignature abilities into its AFFIRM for Annuities offering. Pompano Beach, FL (PRWEB) May 23, 2012 Aplifi, a leading provider of Life & Annuity Order Management, Client Management and Electronic [...]

MetLife Seen Scaling Back Annuities as CEO Narrows Focus

MetLife Seen Scaling Back Annuities as CEO Narrows FocusNews from Financial Advisor Magazine: (Bloomberg News) MetLife Inc. may target annuities and U.S. retail life insurance for cost cuts as Chief Executive Officer Steven Kandarian unveils his plan to improve returns. “I think they’re going to announce some expense-reduction initiatives in those lines of business and [...]