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New Products: Fee-Based Variable Annuity & Immediate Annuity

Fee-based annuities are the newest in demand product, according to “Big insurers launching fee-based annuities” by Investment News’ Darla Mercado.  These simpler and lower-cost annuities are geared towards dually registered advisers.  One of the first products is Allianz Life Insurance Company of North America’s fee-based …

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401k Annuities Rollovers Part of Obama’s Recommendations

In the Chicago Sun-TImes, David Roeder describes why there is “Little payoff seeking the next Google.”  He summarizes some of the latest financial news and goings-on.  Financial guys on TV always seem to be looking for the next company that will start from nothing and …

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New Habits May Include Buying an Annuity

In “Save Yes. Spend No. Lessons we’ve learned from the recession” by Geoff Williams of Wallet Pop, he summarizes the new habits that may help the next generation avoid financial struggles.  MetLife surveyed 2,200 adults and found that they have made important changes in their …

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Variable Annuities Change to Benefit Everyone Involved

In “Insurers Retool Annuity Offerings” by Leslie Scism of the Wall Street Journal, Scism describes how insurance companies are making changes to the variable annuities they offer to lower their risk while maintaining the products’ appeal to consumers.  The guarantees previously offered are the issue …

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