IAP, a small market research firm, analyzes and compares two giant databases to discover whether a particular ZIP code in the U.S. is saturated with annuity sales, underdeveloped, competitive or uncontested.
'While mimicking the high payouts of an actuarially fair variable life annuity, TSAs would cost significantly less than commercial life annuities,' write Forman and Fullmer.
'We have all these insurance agents selling billions of dollars of fixed indexed annuities. But they have few clues about how the crediting rates have performed,'' says Kent Jacquay. With his Indexalyzer software, he proposes a solution.
Achaean Financial and Ash Brokerage, a large Fort Wayne, Ind., BGA, are partnering on a potential retirement game-changer: Achaean's immediate indexed income annuity, couched in Ash's JourneyGuide planning software. The underwriter has yet to be named.
As usual, the stock market appears to be climbing a wall of worry. This 2013 Nobel laureate believes that such worries are healthy, but only as long as they don't fuel an over-reaction to the next downturn.
The largest US banks are still 95% debt-financed, according to the Global Capital Index. With that much leverage, it does not take a lot to create fear of insolvency, writes this leading blogger.