Big news came from The Hartford Financial Services Group Inc. yesterday. While it had previously been announced that they were looking to sell their annuities and life insurance businesses, a deal has been made to sell The Hartford’s annuity business. Forethought Financial Group Inc. is …
Indexed annuities have been growing at a much faster rate than variable annuities and fixed annuities in the past 5-10 years. The Life Health Pro article, “New players enter indexed annuity space” by Maria Wood, says that the compound annual growth rate for indexed annuities …
For those hoping for a variable annuity that will not reduce death benefits when a lifetime income option is used, The Hartford’s annuity enhancement is for you. According to Market Watch’s “The Hartford Enhances Its Variable Annuity To Help Consumers Achieve Both ‘Living and Giving’ …
In the Wall Street Journal article, “Restyled Annuities Offer Fewer Choices,” Leslie Scism says that variable annuities with lifetime income guarantees don’t have as many investment options as they did a few years ago. When the market was stronger, insurance companies used a wide range …
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