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New Annuity Product Strategy from Ameriprise

As interest rates continue to fall, Ameriprise Financial Inc. is answering with more emphasis on annuity sales without return guarantees. According to a recent article from ThinkAdvisor, executives from Ameriprise, which is based out of Minneapolis, held a conference call with securities analysts yesterday to discuss the annuity product strategy. The Ameriprise chief executive officer, James Cracchiolo, said during the call  that the company’s annuity books of business generate... Read More

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