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All About Annuities » Financial

Saving Lives Through Financial Innovation: FDA Swaps and Annuities

Saving Lives Through Financial Innovation: FDA Swaps and AnnuitiesNews from Forbes: The cost of capital to conduct medical R&D is high because investors must be compensated with high returns to offset the risky and long drug development process.   This cost of capital could be reduced, and thus medical innovation spurred, by better financial mechanisms for [...]

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 [...]

Ken Petersen, Financial Planning: Inherited annuities can be taxing

Ken Petersen, Financial Planning: Inherited annuities can be taxingNews from Monterey County Herald: Q When my mother died, I learned that her bank had sold her two annuities. I am the beneficiary of one of them and a local charity is the beneficiary of the other. What are annuities, and what are the income tax [...]

Financial Gains: Indexed annuities: Second Edition

Financial Gains: Indexed annuities: Second EditionNews from TCPalm: STUART — Back in July I wrote an article about Equity Indexed Annuities. You can view this article by searching Jay Chapman on www.tcpalm.com. I am writing this article to further illustrate the flaws in this product. Last week a potential client came to me and asked [...]

Financial professionals underestimate appeal of annuities

Financial professionals underestimate appeal of annuitiesNews from IFAwebnews.com: Consumers perceive annuities more positively than financial professionals give them credit for, according to The Future of Retirement Income, a new study released by Genworth. The study, a culmination of in-depth interviews, focus groups and quantitative surveys with financial professionals, annuity owners and non-annuity owners, revealed that [...]

Financial Gains: Buyer beware of variable annuities

Financial Gains: Buyer beware of variable annuitiesNews from TCPalm: Are you thinking of purchasing a variable annuity or do you already own one? I would encourage you to do some homework before purchasing one, and if you already own one, please have it reviewed and make sure you understand all the moving parts. Why? Annuities [...]

How annuities can win the financial propaganda war

How annuities can win the financial propaganda warNews from LifeHealthPro: We all can agree that, unfortunately, annuities are still the “curse word” of the financial services industry and especially among the majority of the mainstream and uninformed financial media. This is tragic, and we ‑ the annuity industry ‑ can easily win this financial propaganda [...]

Lincoln Financial Group Expands Fund Options For Variable Annuities

Lincoln Financial Group Expands Fund Options For Variable AnnuitiesNews from Benzinga: Lincoln Financial Group (NYSE: LNC) today introduced several new investment options for its variable annuity product lines. These new options further expand Lincoln’s investment choices for advisors who prefer to work with clients in constructing a customized portfolio. The new investment options, which seek [...]

Financial security provided by income annuities questioned

Financial security provided by income annuities questionedNews 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. While income annuities are frequently recommended by advisors to increase guaranteed income, the products do [...]

Annuities Amid ‘Financial Repression’

Annuities Amid ‘Financial Repression’News from Palisades Hudson Financial Group: 85 view(s) January 2, 2013 Sentinel Comments Off In the arsenal of retirement planning tools, annuities are among the most expensive – but that does not necessarily make them the best. Entering into an annuity contract at the wrong time can be costly. A period of [...]