Skip Navigation

News

Stellar 2008 Makes for Dismal 2009 in Bank Annuity Sales

by Editorial Staff

Wed, Feb 17, 2010

“There have been only two times in the last five years where we have seen bank channel total annuity sales this low,” said Kehrer-LIMRA's research director.

AllianceBernstein Adds “Volatility Management” To Target-Date Funds

by Editorial Staff

Wed, Feb 17, 2010

The modified funds will “dynamically de-risk into bonds and cash when it's appropriate” to reduce overall portfolio risk.

Few Advisors Confident of Own Business Strategy: Curian Capital

by Editorial Staff

Wed, Feb 17, 2010

Many advisors feel a need to change their approach but are uncertain how to go about it.

Penn Mutual Enriches Income Benefit Without Raising Fees

by Editorial Staff

Wed, Feb 17, 2010

The "Growth and Income Advantage Benefit" rider now has a 6% annual roll-up and a maximum 5% annual payout.

Correction

by Editorial Staff

Wed, Feb 17, 2010

We erred in reporting that “When a husband in a retired couple (both at least age 62) dies, his widow's Social Security benefit, if lower, rises to match his own.”