Prudential Financial Inc. recently launched a new indexed variable annuity, FlexGuard® Income, meant to provide customers with investment strategies geared towards growth potential while offering different levels of protection. “Today’s financial challenges require new and different solutions,” stated Dylan Tyson, president of Prudential Annuities, in …
Prudential Financial has announced that they will no longer sell variable annuities with guaranteed living benefits in response to the uncertain economic climate and historic low interest rates. This includes the company’s Highest Daily Income and Prudential Defined Income annuity products, according to chairman and …
Recently Keefe, Bruyette & Woods (KBW), a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector, held a virtual insurance conference to discuss the happenings in the life insurance and annuity markets. The investment bank, which is headquartered in Midtown Manhattan, …
If you research annuity products online, you’re going to find a plethora of information that both support these financial tools and caution against them. With so much controversy surrounding them, many companies are still skeptical about selling annuities, but one in particular is taking a …
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