Investment News‘ Darla Mercado summarizes the variable and fixed annuity sales of 2009 in her article “Banks’ annuity fee income rose, FA sales fell in ’09 3Q.” Through the first three quarters of last year, bank holding companies saw the fee income from their annuity …
According to National Underwriter, the news source for life and health agents, Jackson National Life Insurance Company has a new variable annuity product to offer. It is called ‘Prospective Rewards’ and offers an automatic bonus. The percentage of the bonus is based on the amount …
Fixed annuity sales in the United States were $27.8 billion in the second quarter of 2009, according to a press release from Beacon Research. While the sales were a 20% decrease from the first quarter, they were 10% higher than the second quarter in 2008. …
In “A Chat with Jackson’s Clifford Jack,” Kerry Pechter of the Retirement Income Journal interviewed Jackson National Life’s Executive Vice President, Clifford Jack. Jackson is one the U.S.’s top fixed and variable annuity issuer. With a Moody’s rating of A1 (Good) and $3.4 billion in …
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