Even though the financial markets and economy had a volatile year, Ohio National had a record year for their earnings, capital growth, and sales. Their industry was quite challenged this past year with low interest rates and volatile equity markets, but they maintained their strong …
According to California’s Daily Breeze article “MONEYWISE: Looking into the renewed interest in investing in annuities,” Stephanie Enright says that the government’s interest in promoting annuities has sparked an increased interest from investors. Annuities are most often issued by insurance companies and grow over time …
It looks like the battle is over for fixed indexed annuities and other indexed annuity products. The U.S. Securities and Exchange Commission said they would have to reevaluate their information after the U.S. Court of Appeals vacated the SEC’s Rule 151A. The SEC had hoped …
Variable annuity assets increased by the largest margin in 17 years in the second quarter of 2009, according to Andrew Frye of Bloomberg.com. His article “Variable Annuity Assets Advance Most in 17 Years,” lists the main reasons as a stock market rise and an increase …
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