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All About Annuities » Rates

Indexed annuities gain popularity while rates remain low

Indexed annuities gain popularity while rates remain lowNews from InvestmentNews: Bernie Gacona, director of annuities at Wells Fargo Advisors. Indexed annuities, long the black sheep of retirement products, are enjoying a wave of popularity among financial advisers grappling with low interest rates. Indexed annuities are a type of fixed annuity that credits clients’ accounts with [...]

Peru’s annuities segment seen growing at double-digit rates during coming years

Peru’s annuities segment seen growing at double-digit rates during coming yearsNews from Business News Americas: Peru’s annuities segment is likely to expand annually at double-digit rates for several years to come. The segment grew close to 20% in 2013 and is set to increase at a similar or even faster pace this year, state news [...]

Fixed-rate annuities offer better rates than CDs

Fixed-rate annuities offer better rates than CDsNews from MarketWatch: Even with the markets continuing to set records, there’s still consumer demand for fixed-rate guarantees with principal protection. Most retirees and baby boomers are looking for contractual guarantees and benefits, which has given rise to over $ 200 billion in annual annuity sales. Unfortunately, too many [...]

Low Rates May Be ‘Devastating’ to Annuities, Group Says

Low Rates May Be ‘Devastating’ to Annuities, Group SaysNews from Businessweek: Bond yields will put pressure on sellers of annuities if interest rates remain near record lows, Robert Kerzner, chief executive officer of industry group Limra, said today at a conference. “If long-term rates stay where they are, it would be devastating for our industry,” [...]

Annuities rates worsen further

Annuities rates worsen furtherNews from Financial Times: Individuals buying an annuity for their pension income face the prospect of having to wait longer to see full value from their investment, as rates offered for a secure income fall to record lows. Over the past month, all major annuity providers have cut the rates offered in [...]

Fixed Annuities & Rising Interest Rates: Can They Get Along?

Fixed Annuities & Rising Interest Rates: Can They Get Along?News from LifeHealthPro: Photo credit: worradmu When 2012 arrived, some in the financial services community opined that the era of historically low interest rates was beginning to wind down. But this promising rise didn’t last. In early 2012, interest rates suffered a disappointing retreat, which is [...]

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 [...]

Low rates hit pensioners’ annuities

Low rates hit pensioners’ annuitiesNews from Financial Times: For the older generation, the greatest impact of ultra-low interest rates and the Bank of England’s gilt-purchasing programme has been on annuities, which are broadly defined as income streams purchased at retirement that will pay an income for as long as the purchaser lives. Sold by insurance [...]

Decision to keep rates low could hurt interest in annuities

Decision to keep rates low could hurt interest in annuitiesNews from InvestmentNews: Reduced commissions for agents, more tweaking to annuities and lower profitability could be in store for life insurers now that the Federal Reserve has committed to keeping interest rates low until late 2014. Advertisement Related to this story The Fed said last week [...]

Fed’s low interest rates could lower interest in annuities

Fed’s low interest rates could lower interest in annuitiesNews from InvestmentNews: Reduced commissions for agents, more tweaking to annuities and lower profitability could be in store for life insurers now that the Federal Reserve has committed to keeping interest rates low until late 2014. Advertisement Related to this story The Fed announced last week that [...]