Annuity Market News articles from November 2007

Annuity Market News archives from November 2007

Fidelity Rolls Out New Income Products Fund Giant Takes Annuities Seriously.
November 1, 2007... While the management shuffle in Fidelity Investments' executive suites was grabbing headlines last summer, the Boston-based financial giant's insurance company was quietly preparing to launch a suite of noteworthy retirement income products....

Finally, the Yield Curve Turns Positive: Bernanke Rate Cut Does the Trick. What Now?
November 1, 2007... After lying prone or inverted for what seemed like an eternity, the interest rate yield curve returned to a more normal upward slope in September after the Federal Reserve reduced the federal funds rate in response to the subprime mortgage...

Securities Insurance' Prompts Debate.
November 1, 2007... BOSTON-Of all the retirement income ideas presented at NAVA's annual meeting in September, none created more buzz than "securities insurance," a patent-pending business process that would allow any investor to insure any investment at any time...

Bank Annuity Sales Surge in First Half of 2007.
November 1, 2007... Sales of annuities in banks surged in the first half of the year, according to a report by a financial institution market watcher. The most recent Kehrer-Jackson Bank Annuity Sales Survey shows bank annuity sales climbed 17% in May over the...

Better Pricing Prompting Reinsurers to Cover Benefit Riders.(Interview)
November 1, 2007... In the past five years, a number of leading reinsurers have backed off covering living benefit riders, but now that is beginning to change. Longtime Annuity Market News contributor Alan Lavine recently spoke with an expert on the topic,...

Retirement Websites Missing the Mark.
November 1, 2007... Websites of financial services companies offering retirement information are often more frustrating than helpful to consumers, according to a study by a group of website researchers. The analysis, by Change Sciences Group of New York,...