UPDATED 8/31/2013 Deferred income annuities have been selling in record numbers this year. Bank Investment Consultant’s Margarida Correia tells us why in “Deferred Income Annuities Gain Traction, Following Rebirth.” The products were called advanced life deferred annuities when first introduced, but did not take off …
The Wall Street Journal’s MarketWatch recently published an article by Anne Tergesen stating that “More boomers (are) buying ‘longevity’ annuities.” While immediate annuities are still a popular choice for retirees, some younger Baby Boomers are purchasing deferred annuities as early as their 50’s, even though …
After compiling the annuity sales data from the 4th quarter, LIMRA has released the total year sales numbers from 2012. According to Insurance Networking News’ Carrie Burns in the article “2012 Annuity Sales: A Mixed Bag,” they are neither all bad or all good. Fixed …
Deferred income annuities, or longevity insurance, are being introduced by more and more mutual insurance companies. These annuities are becoming increasingly popular due in part to the the low interest rate environment and a volatile stock market. Investment News’ Darla Mercado talks about why mutual …
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