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Income for life: Eight things you may not know about annuities

Income for life: Eight things you may not know about annuitiesNews from The Globe and Mail: People are finally showing some curiosity about the annuity option for retirement planning. I’ve been writing about life annuities for years, but it was only with a column published here two weeks ago that readers began asking a lot [...]

Under the Hood: What You Need to Know About Annuities With GMIB Riders

Under the Hood: What You Need to Know About Annuities With GMIB RidersNews from ThinkAdvisor: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the “Reprints” link at the bottom of any article. January 2, 2015 Annuities with guaranteed income benefit riders [...]

There’s a lot not to trust about annuities

There’s a lot not to trust about annuitiesNews from MarketWatch: Shutterstock.com Don’t trust the sales pitch. Annuities are contracts between you and the issuing carrier. Unfortunately, there are many sales distractions along the way that prevent people from making a truly informed decision. It all comes down to trust. Don’t trust the advertisement With annuities [...]

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 [...]

Everything You Need to Know About Life Annuities

Everything You Need to Know About Life AnnuitiesNews from LifeHealthPro: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the “Reprints” link at the top of any article. “What in the world is a life annuity? If you’re already in the business [...]

Commissioner Stewart Provides Information About Annuities During National …

Commissioner Stewart Provides Information About Annuities During National …News from news.delaware.gov: Posted On: Monday, April 7th, 2014 Categories: Insurance Commissioner Dover, DE–Insurance Commissioner Karen Weldin Stewart recommends that all Delawareans should have a plan for financial stability in retirement, outside of relying on Social Security alone. Individuals are suggested to formulate or review their retirement income [...]

Hartford offers to buy back old fixed annuities; about 90000 contracts affected

Hartford offers to buy back old fixed annuities; about 90000 contracts affectedNews from InvestmentNews: Bloomberg News The Hartford Financial Services Group Inc. will offer a buyback of its old fixed annuities. The insurer has been working toward shrinking the size of its legacy annuity block since March 2012, back when it announced that it would [...]

Confused about annuities? Bank on it

Confused about annuities? Bank on itNews from Newsday: Retirement Newsday > Lifestyle Published: November 14, 2013 1:23 PMBy PETER KING  pwking@aol.com Photo credit: iStock | While many investment advisers believe annuities are good retirement investments, the FDIC, which regulates the nation’s banks, says be aware that annuities do not qualify for FDIC insurance, even if [...]

5 things to know about variable annuities

5 things to know about variable annuitiesNews from MarketWatch: By Mark Cortazzo Unlike many other investments, an annuity is a contract between the investor and the insurance company. There are about $ 1.7 trillion (i) in variable annuity contracts, yet many investors who own a variable annuity may have misconceptions about their investment. If you [...]

A change of tune about annuities

A change of tune about annuitiesNews from LifeHealthPro: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the “Reprints” link at the top of any article. Many financial planners have often proclaimed annuities a bad deal for their clients, citing high fees, [...]