According to a company press release from Business Wire, “Phoenix Company Releases (a) New Indexed Annuity.” Their newest annuity product gives investors more options for customizing their retirement products. The Phoenix Personal Income Annuity is a fixed equity indexed annuity distributed through Saybrus Partners. It …
According to Matthew Sturdevant of The Hartford Courant, “Indexed Annuities (are) a Perfect Investment During (the) Recession.” His interview with Dana Pederson of Phoenix Cos. explains why equity indexed annuities are so important for investors and so popular right now. An indexed annuity is almost …
According to Insurance News Net’s article “Phoenix Cos. Forms Alliance for Indexed Annuities, Continues to Seek New Distribution Channels,” the Connecticut based company is looking to sell their products through many new channels. They are now collaborating with AltiSure Group, an annuity company that also …
This week, both State Farm and the National Life Group announced that they will stop selling Phoenix Companies annuities. Diane Levick writes in the Hartford Courant that those firms, which combined made up 82% of Phoenix’s 2008 annuity sales, have made this decision because of Phoenix’s recent ratings downgrade …
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