Annuity Market News articles from January 1 2008

Annuity Market News archives from January 1 2008

A Trillion Here, A Trillion There But Are We Talking Real Money? Many Uncertain Over Retirement Income Solutions.
January 1, 2008... Although retired Baby Boomers will control over $13 trillion and spend about $300 billion a year, many financial industry executives remained unconvinced that a retirement income bonanza awaits them, according to a recent study by Financial...

Vanguard Plays Low-Cost Card Again: Cheap New Payout Funds Could Compete with Annuities.
January 1, 2008... Vanguard, the $1.3 trillion-dollar mutual fund company famous for broad-based index funds and paper-thin expense ratios, has entered the retirement income arena with a non-insured payout product that's meant to work like a university's...

In Pursuit of Pension Pots': Insurers Introduce VAs with Living Benefits to the U.K.
January 1, 2008... America's leading variable annuity issuers are bullish on John Bull. Over the past 12 to 18 months, AXA Equitable Life, The Hartford, Lincoln Financial Group and MetLife-the top for-profit sellers of variable annuities in the U.S.-have all...

Online Tools To Assist With Opening Annuity Accounts.
January 1, 2008... Earlier this year, Corporate Insight released a white paper chronicling the trials advisers face during the annuity account-opening process. Naturally, the paper was presented from the adviser's perspective and thus required a substantial...

More Immediate Annuities Headed for DC Plans.
January 1, 2008... Insurers may have an opportunity to sell more immediate annuities to defined contribution plans, thanks to a pending safe harbor rule. The rule, expected to take effect in the first quarter of 2008, is being drafted by the Department of...