By Editor Test
“Standalone products focused solely on income guarantees, life insurance or chronic care can be expensive or go unused,” Phoenix said in a release.
By Editor Test
Differing signals from ratings agencies are feeding speculation about GM's huge pension risk transfer to Prudential Financial, and about the longevity and other risks associated with the unprecedented deal.
By Editor Test
The new portfolios, along with the four original portfolios, are now available to all new and most existing variable annuity customers, regardless of the election of certain optional benefits.
By Editor Test
Plans with less than 4% default contribution rates saw a 14% opt-out rate, vs. a 10% opt-out rate for plans with greater than 3% default contribution rates during the year ending March 31, 2012, the New York Life study showed.
By Editor Test
Last week’s feature article in RIJ, "Prudential Files '2.0' Version of Highest Daily VA Rider," mistakenly described the fee structure as a new development. That fee structure, used in the “O” share of the contract, was created in 2011 for use by a specific broker dealer.
By Martin Hutchinson
The ever-bearish Martin Hutchinson expects equities to represent a good value again... when Ben Bernanke is gone and after the Dow Jones Industrial Average settles to about 5,000.
By Editor Test
During the transition to a bigger, better server, we experienced a service interruption over the weekend. It's just growing pains.
