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Annuity for a Taiwanese Tour Guide?

A week in Taiwan gave Retirement Income Journal’s Kerry Pechter some insight into the Taiwanese retirement system along with some sightseeing time.  In “The View from Taroko Gorge,” Pechter shares what he learned about their system as a whole and from an individual tour guide’s …

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How Valuable are Annuity Ratings?

It looks like there are some questionable practices going on with the financial strength rating institutions, according to “CalPERS Gives Rating Agencies an FFF” by Kerry Pechter in the Retirement Income Journal. Investors and advisers alike have historically put a lot of faith in the …

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Nationwide Downgraded By Fitch

Nationwide has had several of its companies’ annuity safety ratings downgraded by Fitch Ratings. Fitch puts the blame largely on the privatization of Nationwide Mutual Insurance Company’s (NMIC) life insurance operations, which resulted in decreased capital availability and flexibility. Investment losses in 2008 and predicted …

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