I just read a very real review of variable annuities with living benefits from the AARP. In Jane Bryant Quinn’s article “Buying Your Own Pension,” she says that while these variable annuities can be costly, they can also be worth the wealth of benefits which …
In Bankrate’s “Annuity Can Offer Reliability In Retirement,” Dr. Don Taylor, CFA, CFP answers a retirement question about annuity products. A woman asks if she and her husband, who is 79 and in fair health, should buy an annuity with some of their $200,000 in …
UPDATED JUNE 14, 2013 Last year, this blog discussed FINRA’s new suitability guidelines taking effect in the United States. These coincide with NAIC suitability guidelines in working to protect consumers from unethical sales of annuities. Minnesota is the latest state to adopt these guidelines, according …
Fitch Ratings has re-affirmed its highest rating level to New York Life Insurance Company. This information comes from Reuters’ “Fitch affirms New York Life’s IFS at ‘AAA’.” The Insurer Financial Strength Rating of ‘AAA’ applies to both New York Life Insurance Company and New York …
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