As MetLife scales back on their variable annuities, other companies are picking up the market share. According to Bloomberg Business News’ “Prudential Joins AIG Taking Annuities Share From MetLife,” Zachary Tracer says that Prudential and AIG are the main companies who have capitalized on MetLife’s …
Over the past few years, variable annuities have gotten a bad rap in the financial markets. They still offer a lot of great benefits as an investment and some insurance companies are looking backwards to promote their variable annuities. According to The Wall Street Journal’s …
Three life insurance companies are changing their variable annuities in the wake of some tumult in the industry. MetLife, Prudential, and the Hartford are either updating products or scaling down on variable annuity business, according to Darla Mercado of Investment News. In her article, “VA …
As fixed equity indexed annuities become increasingly popular, I think it’s important to share some of the more basic information that I just found in “What you need to know about equity indexed annuities.” Eric Taitz of Long Island’s Sayville-Bayport Patch explains how this contract …
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