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All About Annuities » 2012 » July

AIG aims to grow variable annuities sales

AIG aims to grow variable annuities salesNews from Financial Times: American International Group is increasing sales of retirement products that offer guaranteed investment returns in a sign of renewed ambition at the insurer that was bailed out by the US taxpayer. AIG’s push on variable annuities – which allow savers to invest in equity and [...]

TEXT-S&P report:Annuities’ share of retiremnt markt set to grow

TEXT-S&P report:Annuities’ share of retiremnt markt set to growNews from Reuters: Thu Jul 26, 2012 7:04pm IST July 26 – A wave of U.S. Baby Boomers (those born between 1945 and 1964) is beginning to reach retirement age just as employers are seeking to reduce or even terminate their retirement pension plans. At the same [...]

Aplifi Rolls Out eSignature on AFFIRM for Annuities with Raymond James and …

Aplifi Rolls Out eSignature on AFFIRM for Annuities with Raymond James and …News from Virtual-Strategy Magazine: Aplifi adds eSignature to its AFFIRM for Annuities platform with Raymond James and sets the stage for the rest of the industry to benefit. Pompano Beach, FL (PRWEB) July 25, 2012 Aplifi, a leading provider of Life & Annuity [...]

Shopping around for annuities ‘a no-brainer’

Shopping around for annuities ‘a no-brainer’News from Key Retirement Solutions: People considering the purchase of an annuity to provide them with a regular guaranteed income in their retirement have been reminded that they need to shop around for the best deal. According to a report by Citywire, there is so much information out there about [...]

Falling annuities see more over-55s taking payday loans

Falling annuities see more over-55s taking payday loansNews from This is Money: By Harry Glass PUBLISHED: 07:18 EST, 24 July 2012 | UPDATED: 09:57 EST, 24 July 2012 A growing number of people aged over 55 are in debt to payday loans companies, according to retirement income specialist Primetime Retirement. An ongoing squeeze on retirement [...]

Annuities Without the Intimidation

Annuities Without the IntimidationNews from AdvisorOne: In spite of several insurers fleeing the annuity business, Guardian is increasing its business in the market. “We look at the annuity market in a holistic way,” Doug Dubitsky, head of the life insurance company’s annuities division, told AdvisorOne on Wednesday. “We’re increasing our focus on income solutions and [...]

The pros and cons of annuities

The pros and cons of annuitiesNews from Chicago Tribune: July 18, 2012|By Jill Schlesinger, Tribune Media Services | Retire Smart Last week we covered the basics of annuities. This week we address specifically the pros and cons of these tax-deferred retirement savings vehicles. Immediate annuities Guaranteed income for life is a big time benefit, but [...]

The pros and cons of annuities

The pros and cons of annuitiesNews from CBS News: After covering the basics of annuities, it’s time to address specifically the pros and cons of these tax-deferred retirement savings vehicles. Immediate annuities Guaranteed income for life is a big time benefit, but it comes at a cost. The first concern is that you are giving [...]

The pros and cons of annuities

The pros and cons of annuitiesNews from Chicago Tribune: July 18, 2012|By Jill Schlesinger, Tribune Media Services | Retire Smart Last week we covered the basics of annuities. This week we address specifically the pros and cons of these tax-deferred retirement savings vehicles. Immediate annuities Guaranteed income for life is a big time benefit, but [...]

Should fixed-term annuities be sold non-advised?

Should fixed-term annuities be sold non-advised?News from Money Marketing: 19 July 2012 12:00 pm | By Tom Selby Primetime Retirement is considering selling fixed-term annuity products direct to consumers on a non-advised basis, prompting concern from advisers over the level of risk involved. The fixed-term annuity market has continued to grow this year as providers [...]