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Urban Myth: Retirees Need $300,000 for Health Care
Wed, Nov 04, 2009
The $300,000 figure is one of 10 “myths” that the FRC dispels in a new report, “Making Sense of Investor Needs in the Retirement Income Market.”
Industry Views
Should Annuity Firms Care About Social Media?
The annuity industry has been slow to adopt social media. But given the industry’s target audiences, does it matter? Download an excerpt from the report "Social Media: Trends and Tactics in the Financial Services Industry."
Industry Views are special reports that are sponsored and independent from RIJ's editorial content.
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News
Record Retail Sales at Jackson National
Wed, Nov 04, 2009
During the first nine months of 2009, Jackson, a subsidiary of the UK's Prudential plc, generated $6.7 billion in VA sales, a 32% increase over the same period of 2008.
Genworth Financial Announces Profitable Third Quarter
Wed, Nov 04, 2009
After losing $258 million in the third quarter of 2008, Genworth reported net income of $45 million in the same period this year, before provision for non-controlling interests.
MassMutual Retirement Services Posts Record Sales
Wed, Nov 04, 2009
“A lot of plan consolidation is taking place and those plans that are changing providers want a seamless transition,” a MassMutual executive said.
To Prevent Inflation, Australia Hikes Baseline Interest Rate
Wed, Nov 04, 2009
If the Australian economy continues to expand as expected, rates could return to “a more normal 5%” in the next year or two, one analyst said.
