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New Variable Annuities from AXA Equitable

In “AXA Equitable Launches Variable Annuity With Dual-Account Investment Platform,” a staff reporter at Insurance Business Review describes AXA’s new product.  AXA Equitable Life Insurance Company says that their new variable annuity gives a greater selection of investment portfolios and protection from the downside.  Variable …

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Annuity Rates Higher for the Poor and Sick

In the Financial Times article “More providers offer post code annuities,” Josephine Cumbo describes the process of determining annuity rates based on Canadian post codes.  Insurance providers offer better annuity pricing to those living in less affluent areas going on the assumption that they will …

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New Habits May Include Buying an Annuity

In “Save Yes. Spend No. Lessons we’ve learned from the recession” by Geoff Williams of Wallet Pop, he summarizes the new habits that may help the next generation avoid financial struggles.  MetLife surveyed 2,200 adults and found that they have made important changes in their …

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Variable Annuities Change to Benefit Everyone Involved

In “Insurers Retool Annuity Offerings” by Leslie Scism of the Wall Street Journal, Scism describes how insurance companies are making changes to the variable annuities they offer to lower their risk while maintaining the products’ appeal to consumers.  The guarantees previously offered are the issue …

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