With the worst of the Crisis apparently over, Fed watchers are wondering about Chairman Bernanke's exit strategy from a low interest rate environment.
Many factors are driving the increase in indexed annuity sales: More manufacturers, better products, more distributors, competitive commissions, aging boomers, and relaxed regulation. But does the bubble contain the seeds of its own deflation?
Israel has found that even a mandatory defined contribution system can’t resolve all of the behavioral, economic, or administrative issues that prevent low-income and minority workers from saving for retirement. (Photo: Mahane Yehuda market in Jerusalem.)
This week, RIJ received a press copy of “What Advisors Want from Annuity and Insurer Providers-2019,” a study by Practical Perspectives, a Boxford, MA-based financial services market research firm.
As of March 2, the responses to the Obama administration's request for input on lifetime options in 401(k) plans tended to be angry but well-reasoned.
The Department of Labor proposes a subtle change in 401(k) advice regulations that may have huge repercussions for fund companies.
The Vanguard Group's data suggests that annualized real returns will most likely be 6% for stocks and zero to 2% for bonds over the next 10 years.
Prudential Annuities, MetLife, Jackson National Life and Sun Life Financial found a silver lining last year.
The sale of Hong Kong-based AIA, would help repay some of the $180 billion that AIG owes to the U.S. government.
Only 14% of those surveyed said they were very familiar with income products and only three percent said they were very interested in such products.
Beacon Research has released its fixed annuity sales rankings for fourth quarter 2009.