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Advisory Variable Annuity From Wells Fargo

Four insurance companies will be offering the new Advisory Variable Annuity from Wells Fargo.  According to a MarketWatch press release, Allianz Life, Lincoln Financial, Nationwide, and Pacific Life are all going to distribute Wells Fargo Advisors’ newest product.  The Advisory Variable Annuity is part of …

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Ovation Lifetime Income II Variable Annuity Rider

We wrote about Securian’s Ovation Lifetime Income guaranteed living withdrawal benefit when it was introduced and now the company has a new rider to unveil.  In a MarketWatch press release, Securian introduces the Ovation Lifetime Income II GLWB with some new features to add to …

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Now Is the Time to Buy Fixed Annuities

According to Annuity News Journal, the best time to purchase a fixed annuity is during a recession.  In the article “Tumbling Annuity Rates,” Christi Roberts recommends locking in fixed annuity rates now because they may be going down soon.  As the financial markets recover all …

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No More Annuities from The Hartford

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 …

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