Every year, thousands of individuals are involved in accidents that require years of medical care, often funded by a lump-sum financial settlement. Because it can be extremely challenging to manage such care with an all-cash settlement, many end up settling legal claims with a structured …
Pacific Life Insurance Company has just released a new deferred fixed annuity that is a little different from the rest. The Pacific Income Advantage not only offers fixed annuity benefits, but it also has the option for a Guaranteed Withdrawal Benefit with yearly crediting. This …
Pacific Life and GEAM are collaborating on a variable annuity product for the first time. As of February 1st, Pacific Life has begun to offer the GE Investments Total Return Fund in its variable annuity platform, according to a press release. The fund from GE …
Due to the increased costs of hedging risk during a market downturn, Pacific Life has increased the fee of a popular annuity product. A new article from Janet Paskin of Smart Money says that the Foundations 10 variable annuity, which had guaranteed an annual return …
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