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All About Annuities » 2014 » October

LIMRA: Knowledge Of Annuities Boosts Ownership

LIMRA: Knowledge Of Annuities Boosts OwnershipNews from Insurance News Net: WINDSOR, Conn., Oct. 22, 2014 — A new LIMRA Secure Retirement Institute study found that the more knowledge someone has about annuities, the more likely they are to have a positive attitude about them and eventually own one. “Knowledge and attitude are the key factors,” [...]

The latest annuities scandal: The pensions that shrink to zero

The latest annuities scandal: The pensions that shrink to zeroNews from Telegraph.co.uk: In some cases the annual reductions are small, but in the worst cases, pensioners in their 70s and 80s are now receiving incomes less than half their original pay outs. Most, but not all of the complaints, relate to the 50,000 policies of [...]

A Washington insider’s outlook on annuities

A Washington insider’s outlook on annuitiesNews from LifeHealthPro: “If you see the posturing and arguments begin in Congress over the debt ceiling, then that’s the time to go out and buy,” Friedman said. Speaking at the 2014 IMO Summit in Scottsdale, AZ today, Andy Friedman gave reason for optimism for annuity advisors. “Be wary of [...]

LPL Financial agrees to pay $541000 for faulty variable annuities switches in …

LPL Financial agrees to pay $ 541000 for faulty variable annuities switches in …News from InvestmentNews: + Zoom Massachusetts Secretary of the Commonwealth William Galvin (Steve Marsel) More bad news for LPL Financial regarding its oversight of sales of variable annuities — Massachusetts securities regulators said Tuesday that LPL had agreed to reimburse senior citizens [...]

5 answers every investor needs to know about annuities

5 answers every investor needs to know about annuitiesNews from LifeHealthPro: From Oct. 15-17 many of the major players in the annuity world will gather in Scottsdale, Ariz. at the Westin Kierland Resort & Spa for the 2014 IMO Summit. I will provide live highlights from the conference. In the meantime, here you can find out more [...]

Annuities: What Everyone Should Know Before They Invest – DailyFinance

Annuities: What Everyone Should Know Before They Invest – DailyFinanceNews from Annuities: What Everyone Should Know Before They Invest – DailyFinance: Alamy Annuities are among the most controversial products in the investment world, with proponents and critics fiercely disagreeing about their benefits and limitations. Yet annuities are just another tool that investors have for financial [...]

Does end-of-life family care ‘crowd out’ annuities?

Does end-of-life family care ‘crowd out’ annuities?News from Retirement Income Journal (subscription): Sign in now,if you’re a subscriber. Forget your password? Reset your password. Need to renew your subscription to Retirement Income Journal and RIJ Advisor? To start your renewal, log in, below, with your Username and Password. Subscribe Now Risk-Freeto get this Article and: [...]

UK annuities market set for further reform as Chancellor signals a review of …

UK annuities market set for further reform as Chancellor signals a review of …News from Companiesandmarkets.com: Britain’s Chancellor of the Exchequer, George Osborne, has signalled that he intends to introduce further reform to the United Kingdom pensions sector. Industry analysts are expecting that the forthcoming Autumn statement will include an announcement of a review of [...]

Should Retirees Have to Buy Annuities?

Should Retirees Have to Buy Annuities?News from Businessweek: If you’re worried that you don’t have enough money to last through retirement, a fixed annuity can seem like a silver bullet: In exchange for a one-time lump sum payment, an insurance company agrees to provide an income stream until you die, whenever that is. It makes [...]

Ohio under fire for blocking Medicaid for seniors whose spouses bought annuities

Ohio under fire for blocking Medicaid for seniors whose spouses bought annuitiesNews from Columbus Dispatch: Health Headlines Ebola patient in U.S. struggling to survive Syphilis in newborns increasing Risk of Ebola strains Liberia’s culture o…………… continues on Columbus Dispatch … Read the full article Related News: The Insider’s Annuity Guide: When Buying an Annuity Makes [...]