By Kerry Pechter
“DIAs may represent a more palatable hedge against longevity risk for retirees than traditional annuities, because they are cheaper and therefore provide more liquidity to retirees,” writes Morningstar's David Blanchett in a Journal of Financial Planning article.
By John McCarthy
MetLife is selling one-third of what it was two years ago. Prudential is selling half of what it did in the first two quarters of 2012. The biggest gainers since then include Transamerica, SunAmerica, and Lincoln. (This piece was written by Morningstar's annuity product manager.)
By Editorial Staff
Public television will turn its inquisitive light on the topic of behavioral finance next October 16.
By Editorial Staff
A.M. Best attributed much of the quarterly gains for L/A stocks to the merger fever that followed Dai-ichi Life Insurance Co.'s $5.7 billion bid for Protective Life.
By Editorial Staff
Advisors with clients in their 40s need to know how heavy a debt load they are carrying, LIMRA said in a release.
By Editorial Staff
There continues to be limited interest in in-plan annuities, with 6% of plans offering this option in 2013, up from 4% in 2012. Ten percent of plan sponsors indicated they are looking into adding an accumulation annuity to their current plan.