Early responses to a new direct-to-consumer (D2C) annuity pilot program in Arizona reveal that buyers want to talk to someone – or something – before committing to a long-term retirement investment.
Why does California seem to go after annuity agents so aggressively? That’s been a question often asked after two criminal prosecutions in cases that could have been insurance department matters. The ...
Envestnet, Inc. (NYSE: ENV), a provider of intelligent systems for wealth management and financial wellness, announced on Wednesday it has expanded its Variable Annuity Program to become the Envestnet ...
The Vanguard Group is well-known for providing low-cost investment options to investors. For those considering annuities, costs are an important factor, because many annuities have draconian fees that ...
The Escambia County Commission will seek outside financial expertise to determine whether the lucrative retirement plan in which three commissioners are enrolled is legal. After months of discussion — ...
Private placement life insurance and annuity programs, commonly referred to as PPLI, have quickly become a favorite strategy among ultra-wealthy investors seeking greater tax efficiency within ...
Q: Dear Rick: An annuity I purchased 10 years ago is maturing. I don’t need this money and I just want to keep it in an annuity. Currently, I have a fixed annuity and I plan to switch it into a ...
Between November and March, hedging programs at variable annuity firms supported 94% of their guarantees, up from 93% in the prior period, Milliman said. Given the favorable experience of hedging ...
Annuity sales generated record revenue for banks last year. In 2013, annuities produced $3.43 billion, up 9% from 2012, according to the Michael White Bank Annuity Fee Income Report. The largest bank ...