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New Variable Annuities from Principal

In an effort to give clients more flexibility and choices in retirement planning, Principal Financial Group has extended its variable annuity portfolio. According to a recent Business Wire press release, Principal Lifetime Income Solutions II Variable AnnuitySM and Principal Pivot Series Variable AnnuitySM were designed …

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Many Reasons for the Increasing Use of Deferred Income Annuities

We’ve talked before in this blog about the increasing popularity of deferred income annuity products.  Since 2011, their sales have increased from $211 million to around $2.8 billion last year.  The increasing sales of deferred income annuities have come partly from a decrease in variable …

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Sales of the Best Annuities are Increasing

Financial advisors whose clients hold annuities haven’t had to worry about fielding concerned investors’ calls in this tumultuous market.  According to The Wall Street Journal article “Annuities Provide Safety, At a Price,” author Russell Pearlman says that annuity sales have been increasing due to the …

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Fixed Annuity Sales Results

According to a press release by Beacon Research, fixed annuity sales estimates in the U.S. for the first quarter of this year were $34.9 billion.  The Fixed Annuity Premium Study comprised of data from 53 insurance companies, which account for about 86% of this market.  …

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