This ad drew a wide range of responses. Many reviewers said it “spoke to them.” Some said it left them cold.
At the LIMRA-Society of Actuaries Retirement Industry Conference in Baltimore last week, Scott Stolz from Raymond James, Greg Jaeck from Edward Jones and Jarrod Fisher from Simplicity Financial Distributors delivered frank opinions about annuities and annuity issuers.
Many factors are driving the increase in indexed annuity sales: More manufacturers, better products, more distributors, competitive commissions, aging boomers, and relaxed regulation. But does the bubble contain the seeds of its own deflation?
Israel has found that even a mandatory defined contribution system can’t resolve all of the behavioral, economic, or administrative issues that prevent low-income and minority workers from saving for retirement. (Photo: Mahane Yehuda market in Jerusalem.)
About one-third of affluent investors make all their own retirement decisions, the Phoenix study showed.
Americans in their early 50s have twice the hypertension, obesity, and diabetes rates as Europeans.
The rider fees are higher and age-thresholds for higher payout rates are adjusted upward.
'If all premiums were taxed as income, you’d get quite a disruption,' said an Urban Institute analyst.
The Hartford, MetLife Investors USA, and AXA Equitable have new variable annuity contracts.
Should you be concerned about where you rank in search engine results? Yes, says David Macchia.
"Although a panic may be collectively irrational, it may be entirely rational at the individual level," said the Fed chairman.