According to Investment News’ article “NY Life tops 2Q list of fixed-annuities sellers” by Darla Mercado, fixed annuity sales increased from the first quarter of this year to the second quarter. With sales of $19.4 billion in the second quarter, fixed annuity sales increased 18% …
In the past, many wealthy investors shied away from annuities, traditionally a middle class investment used to pay basic living expenses in retirement. More and more of the wealthy population realizes the guaranteed lifetime income and tax benefits they will receive from purchasing annuities, according …
Equity linked CDs can be a safer and lower-cost alternative to equity-indexed annuities for some investors. In the recent PR Web press release “Equity-Linked Certificates of Deposit: The Safer Low-Cost EIA Alternative,” Jeffrey Voudrie’s article from Guarding Your Wealth is summarized. Equity linked CDs have …
A year and a half long battle between the SEC and insurers is over, at least for now. According to Arthur Postal’s “Appeals Court Vacates Rule 151A” in the National Underwriter, the SEC will have to go back to square one if they want to …
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