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John Hancock Annuities Wins at Stevie Awards

The Stevie Awards are handed out yearly to businesses ranging from non-profit to for-profit, big to small, and private to public.  One of four different Stevie Awards programs, The American Business Awards were recently handed out.  John Hancock swept the customer service category and won …

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Athene Acquires Fixed & Indexed Annuity Business

Everyone is talking this week about a big annuity purchase.  Athene Annuity & Life Assurance Company of Delaware, a subsidiary of Athene Holding Ltd. of Bermuda, purchased Presidential Life Corporation.  According to Marketwatch’s “Athene Annuity to buy Presidential Life,” the deal is worth $415 million …

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Refresher Course on Fixed Equity Indexed Annuities

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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Annuity Inflows Up in May, Per DTCC

Annuity inflows were up just over 1% in May, despite the fact that overall annuity activity has gone down in the past year.  This information comes from Financial Planning’s “Annuity Inflows Increase, Overall Activity Declines,” by Ann Marsh.  The Depository Trust & Clearing Corporation released …

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