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Vanguard and Hueler Partner to Provide Low-Cost Income Annuities
Wed, Sep 08, 2010
The announcement comes a week ahead of Department of Labor hearings on in-plan income options, which themselves mark a new phase of competition for rollover dollars.
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By Another Name, Annuities Would Smell Sweeter
Wed, Sep 08, 2010
Some 80% of 3,200 people surveyed preferred a product with four percent return and a principal guarantee over a product with an 8% return subject to market risk. But they balk at the word, “annuity.”
Fitch Deems Life Insurers “Stable”
Wed, Sep 08, 2010
Fitch expects the industry's large in-force variable annuity business to hurt profitability over the near term, however, and could damage industry earnings and capital in an unexpected, but still possible, severe stress scenario.
SIFMA Urges Uniform Standard for Advisors, Brokers
Wed, Sep 08, 2010
Broker-dealers and investment advisers should appropriately manage conflict of interest by providing individual investors with full disclosure that is simple and clear and allows them to make informed investment decisions, SIFMA said.
Jefferson National Offers DFA Funds
Wed, Sep 08, 2010
Jefferson National’s Monument Advisor VA contract offers more than 250 investment options, or five times the number offered by most VAs, the company said.
