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Inflation Protection Added to Smart Foundation Variable Annuities

Many retirees are worried about inflation hurting their portfolios.  To help fix this, Penn Mutual has added an inflation rider to their variable annuity products.  This information comes from Insurance News Net's Cyril Tuohy in the article, "Penn Mutual Launches VA Inflation Protection Rider."  There are three different types of Penn Mutual's Smart Foundation variable annuities: Smart Foundation VA, Smart Foundation Flex VA and Smart Foundation Plus VA.  This new inflation rider can be... Read More

Who Is Selling the Most Indexed Annuities?

The second quarter numbers are in and Sheryl J. Moore has compiled a list of the best in the indexed industry.  According to Insurance Networking News' Carrie Burns, the "Top 10 Q2 Indexed Annuity and Life Insurance Carriers" have been released in a new report.  Annuity Specs' 60th "Indexed Sales & Market Report" accounts for the production of 99% of all of these indexed products.  Moore, the author of the report, is the CEO and President of Moore Market Intelligence.  Indexed annuity... Read More

Smart Foundation Variable Annuities from Penn Mutual

The Times Union published a press release from Penn Mutual about their new line of variable annuities.  "Penn Mutual's New Smart Foundation Variable Annuities Aim to Grow and Protect Retirement Funds from the Threat of Longevity and Market Volatility."  The Smart Foundation Variable Annuities offer three different products from which to choose as well as multiple benefits that can be added as optional riders.  Penn Mutual has been around for 165 years and has a long commitment to annuities... Read More

Fixed Indexed Annuities Add to Company Gains

The editors at Retirement Income Journal put together "The Bucket," an article summarizing Financial Engines' third quarter financial results.  The investment management company which gives retirement planning advice to employees saw a 45% increase in the assets they manage and a 31% increase in revenue this quarter over the third quarter of 2009.  The article highlights the successes of the insurance companies that Financial Engines works with. Jackson National Life sold more variable... Read More

New Variable Annuity Fights Inflation

The Inflation Protector Variable Annuity from The Penn Mutual Life Insurance Company is new to the market and sure to excite some investors.  Penn Mutual has been around for 163 years and is a market leader in regards to retirement income that is protected against inflation.  This information was published in The San Francisco Chronicle from a company press release entitled "The Penn Mutual Life Insurance Company Announces Next Generation of Inflation-Protected Retirement Income Product." ... Read More

Best Annuities from Penn Mutual Get Even Better

Penn Mutual has good news for their clients and potential clients according to company press release "The Penn Mutual Life Insurance Company Enhances Living Benefit Rider for Annuity Product."  They have improved their Growth and Income Advantage Benefit (GIAB).  The GIAB is a living benefit rider that is offered with Penn Mutual's variable annuities.  The changes help clients increase their accumulation potential and manage their risk better at the same time that they help secure retirement... Read More

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