Fidelity Investments put out a press release yesterday letting consumers know that they have extended their product line due to demand from pre-retirees. They will now be offering deferred income annuities to go along with their immediate income annuities. With 7,500 or so people turning …
Pacific Life Insurance Company will now have even more distributors for their fixed annuity products. Their new Pacific Life Producer Alliance was just introduced by their Retirement Solutions Division. It will allow many more distributors to sell Pacific Life’s fixed annuities and gain access to …
Variable annuities are excellent products, but they can be extremely complex and must be carefully reviewed by potential purchasers. Advisor One’s Melanie Waddell says that “FINRA and SEC Warn About Annuity Risks” in this new article. The two organizations are concerned with variable annuity disclosures, …
Fitch Ratings has re-affirmed its highest rating level to New York Life Insurance Company. This information comes from Reuters’ “Fitch affirms New York Life’s IFS at ‘AAA’.” The Insurer Financial Strength Rating of ‘AAA’ applies to both New York Life Insurance Company and New York …
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