MetLife’s VA Sales are Missed

Total annuity sales are down for the quarter and the first nine months of the year, according to LIMRA. If not for MetLife’s pull-back, variable annuity sales would be close to last year’s pace.

Envestnet’s Big Annuities Play

Envestnet, with the help of six major annuity issuers, has built a platform where advisors from broker-dealers, banks and RIAs can blend insurance products and investments in the same financial plan. It's a service life insurers can't live without. But will RIAs embrace annuities?

FIAs for Retirement Income (Why Not?)

In this last article in our series on fixed indexed annuities, we consider the potential role of FIAs in providing retirees with guaranteed lifetime income. We find FIAs to be valuable, but underused for that purpose.

The Derivatives that Power Index Annuities

FIA owners can pick from an array of choices as cryptic as those on a roulette table. But if they don't understand options, how can they evaluate these safe but esoteric insurance products?
Featured

Easy Does It

“We will want to be sure that the recovery is established before we begin to normalize policy,” Fed chairman Ben Bernanke said in a speech yesterday.

When rates rise, will bond fund owners bolt?

History shows that intermediate-term bond funds are likely to see less flight than junk bond funds, a Schwab executive writes in the Journal of Financial Planning.
News

Bull run

Equity and fixed income funds appreciated by $1 trillion through October, according to the latest report from Strategic Insight.

Judge rules for participants in ERISA suit

In an ERISA fiduciary suit brought by 401k plan participants, a Minnesota judge has denied most of the motions by the attorneys for the plan sponsor, Ameriprise Financial, to dismiss the complaint.

“Quote” of the Week

"Intelligence is knowing what to do when you don't know what to do"--Anonymous.