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Annuity Searches Far Surpass Actual Application Amounts

Income annuity database CANNEX tracks advisor searches of single premium income annuities, according to Linda Koco of Annuity News.  In the Insurance News Net article, “Advisors eyeball SPIAs valued at over $200,000,” Koco questions why the amounts purchased are so much different than those researched.  …

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Annuities in IRI Retirement Quiz

The Insured Retirement Institute, or IRI, has an 11-question quiz on their website that tests retirement financing knowledge.  Julie Jason published these questions in The News-Times in her article “A Quiz to Fine-Tune Your Retirement Knowledge.”  The IRI is focused on educating people about annuities …

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Despite Challenges, Annuity Outlook for 2012 Good

In “Outlook 2012: Annuities-Industry at Crossroads, With Weatherford, Greenwald, Cortazzo,” John Sullivan of AdvisorOne says that annuities should do well next year despite some potential hurdles.  With two major annuity carriers departing the market recently, you would think that would forecast a big problem for …

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Variable Annuity is a Hot Product

The Insured Retirement Institute found that variable annuities are as popular as ever, reaching record levels of sales in the 3rd quarter of this year.  Net variable annuity sales of $8.8 billion had not been reached since the 3rd quarter of 2007 saw $8.9 billion …

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