AXA Equitable Life (and its trademark gorilla) have bounced back from the financial crisis with a novel variable annuity rider that pegs guaranteed accumulation and withdrawal rates to the 10-year Treasury rate, plus one percent.
Originally a platform for distributing structured notes to broker-dealers, SIMON is adding index-linked annuities to its product suite. Prudential is both an investor and, as of today, a product provider.
Most of the annuities now on the Charles Schwab and TD Ameritrade platforms are offered by mutual or foreign-owned life insurers. Lincoln Financial is the sole exception.
In MassMutual's new all-digital deferred income annuity, an adult child is the owner, and receives income when a parent (the annuitant) reaches age 91.
The president of PPCA, Inc., and Target Date Solutions looks back at the worst calendar-decade for U.S. stocks since the beginning of the Great Depression, and offers his informed perspective on TDFs.
The Fed's vice chairman, Donald Kohn, added that the fragile economic recovery would “warrant exceptionally low” interest rates “for an extended period.”
Public pension funds still assume interest rates of 8% when estimating future returns, one analyst noted.
Delaware Investments will continue to manage Lincoln Financial general account insurance assets under a long-term contract, and provide sub-account advisory services.
The 401k ProAdvisor service will provide specific recommendations on what funds and amounts the client should buy or sell each quarter.
Anticipated legislation by Rep. John “Jimmy” Duncan, Jr. (R-TN) would direct the Bureau of Labor Statistics (BLS) to determine the “right” CPI-S formula.
Number-wranglers, you are envied by every lumberjack and roustabout in the land.
I predict that the next decade will be very much like the last one, only more so. Interest rates are my top-of-mind issue.