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SEC Officials Warn Insurers On Annuity Disclosures, VA Changes
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As complexity grows, so does need for clear language, group told.
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Puny Treasury Yields Could Trigger More Cuts To Annuities And Agents Commissions
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Key 10-year Treasury falls to an all-time low; brokers, customers and carriers could feel the pinch.
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Pru's VA Price Hike Too Much For Raymond James
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With cost reaching 245 basis points, VA hits a most expensive stratum.
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New Website Promises Investors A Peek At Prices
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An investor website is promising to give clients their first clear look under the hood of their brokerage accounts to see whether they are getting a good deal for the prices that they pay.
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Milevsky: Mispricing Annuities Then And Now
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John Finlaison wrote an urgent letter to the chancellor of the British Exchequer, imploring the government to change the way it priced and sold life annuities to the public.
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Insights Into The Annuity Puzzle
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Why do most people love pensions but hate annuities? That, in essence, is the “annuitization puzzle” spoken of by Franco Modigliani, a Nobel laureate in economics.
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Guaranteed Minimum Withdrawal Benefit In The Annuity Very Popular
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The GMWB and why it’s so popular. Two experts talk about where the Variable Annuity industry is headed.
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Flight To Safety Drives Annuity Sales
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Wealth accumulation is taking a back seat to another important investor goal: having guaranteed retirement income.
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Eight VA Trends Worth Noting
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Sales of variable annuities rose in 2007 to $179.5 billion, then took a dive along with stock markets in 2008, falling to $151.9 billion, according to data from Morningstar Inc.
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BDs Struggle With Lost Revenue Amid VA Cuts
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Tumult on the variable annuity scene is dampening sales at broker-dealers, raising some concerns about the impact on revenue for the firms and their representatives.
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