For Prudential Financial’s 30-second Super Bowl ad, its agency built a scoreboard-sized wall in a park in Austin, Texas and recruited hundreds of random Texans to post pie-sized blue stickers on it.
Contingent deferred annuities (CDAs) are on the minds of insurers these days and took up a fair portion of yesterday’s seminar on securities products of insurance companies at the Practicing Law Institute in New York.
2012 was the first full year of performance of a managed volatility strategy designed by Milliman for TOPS Protected Portfolios and used in Ohio National, Nationwide and Minnesota Life variable annuities with rich GLWBs. The market threw it a curve ball last June.
Rates may still be low, but annuity products keep coming off the assembly line. American General has a new deferred income annuity, Security Benefit a new fixed indexed annuity and Securian a new variable annuity contract.
Braver’s Tactical Balanced, Tactical Core Bond, Tactical Opportunity and Tactical Sector Rotation portfolios use quantitative algorithms applied to asset class price movement to identify trends in numerous asset classes and the broad market.
Allianz 222 Annuity is the third fixed indexed annuity offered through the Allianz Preferred platform, joining the previously issued 360 and 365i contracts.
The brainchild of law professor John C. Coffee Jr., the director of the law school’s Center on Corporate Governance, the blog will be a forum for debate over the effectiveness of SEC enforcement in the aftermath of the 2008 financial crisis.
Known until 2008 at the National Association of Variable Annuities, the IRI has more than 500 members, including insurers, broker-dealers and distributors, asset managers, solution providers, and financial advisors.
"As might be expected, the lack of guidance on how to deal with this inconsistency has caused a great deal of consternation," said ASPPA counsel Craig Hoffman in an open letter to the DoL and IRS.
Retirement Income Illustrator is designed to present retirement spending requirements and distribution alternatives in the context of withdrawal risk, longevity risk, survivor needs and healthcare risks, Fiserv said.
The guide explains the Employee Retirement Income Security Act (ERISA) fiduciary rules and standards that may apply when advisors deliver investment advice to retirement plan clients.