Prudential Financial Inc. and Jackson National Life Insurance Company have seen a large increase in their variable annuity sales through banks. Prudential has seen the majority of their overall growth come from new channels of distribution, rather than their past sales channels. Their second quarter …
In the Chicago Sun-TImes, David Roeder describes why there is “Little payoff seeking the next Google.” He summarizes some of the latest financial news and goings-on. Financial guys on TV always seem to be looking for the next company that will start from nothing and …
In “AIG Learns It’s All in the Name” from FinancialPlanning.com, we learn that taxpayers’ bailout dollars have helped AIG bounce back faster than many expected. American International Group is one of the few insurance companies that has successfully come back from the financial mess it …
According to a press release by Beacon Research, fixed annuity sales estimates in the U.S. for the first quarter of this year were $34.9 billion. The Fixed Annuity Premium Study comprised of data from 53 insurance companies, which account for about 86% of this market. …
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