Attractive annuity yields are becoming harder to find
In the past, some multi-year guarantee annuities offered annual yields upwards of five percent guaranteed over a five-year period.
Recent
Insurance Department Announces Restitution for Consumers in Major Annuity Scam
Jessica Altman announced her department has gotten more than $117,000 in restitution for 25 consumers victimized in a major annuity scam.
If You Don’t Pay Attention to the Fine Print When Purchasing Variable or Indexed Annuities, Clients Might End Up Paying More Than Expected
With annual expenses often in excess of three to four percent, indexed and variable annuities are already seen as high-cost insurance products by some
IRS Updates Its Views on Certain Annuity Fees
The IRS’ ruling is a good one, “for both advisors and consumers.”
Finke and Pfau on Income Annuity Basics, and What to Know Before You Buy
Retirees are worried that they are running out of money, which is one of the reasons annuities continue to grow in popularity.
SEC Regulation Best Interest Does Not Have Your Best Interests At Heart
Regulation Best Interest: The Broker-Dealer Standard of Conduct requires broker-dealers to act in the best interest of the retail customer.
2Q Annuity Sales Bust More Records
Fixed indexed annuity (FIA) sales were $20 billion in the second quarter, 14% higher than prior year results.