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Cover Stories

Comment: The High Price of Low Rates

by Kerry Pechter

Comment: The High Price of Low Rates

Wed, Aug 12, 2009

A low interest rate policy, while necessary in a crisis, acts as a tax on the average person and plants the seed for the next credit crisis, according to two NBER Working Papers published in July.

How to Walk Through Fire

by Kerry Pechter

How to Walk Through Fire

Wed, Aug 05, 2009

Crossing the retirement "red zone" might be compared to a fire-walk. But here are three advisors who are guiding clients (and their portfolios) from age 55 to age 65 with barely even a hot-foot.

A Summer Crop of Variable Annuities

by Kerry Pechter

A Summer Crop of Variable Annuities

Wed, Jul 29, 2009

Allianz Life, Genworth Financial, John Hancock Life, and MetLife have all introduced new variable annuity contracts. Of the four new entries, John Hancock's stands out as the simplest and cheapest.

CalPERS Gives Rating Agencies an FFF

by Kerry Pechter

CalPERS Gives Rating Agencies an FFF

Wed, Jul 22, 2009

In a new lawsuit, California's state pension fund blames the 'issuer pay system' at the top three rating agencies for part of its investment losses last year.

News

Prudential Net Income Turns Positive in 2Q 2009

Wed, Aug 12, 2009

The firm's individual annuity sales boomed in the second quarter, thanks in part to a wave of exchanges of variable annuity contracts from financially weaker insurers.

Securities America, Wealth2K Help Advisors Fight “Big Brands”

Wed, Aug 12, 2009

To compete, "advisors must introduce high-end, high-impact communications tools,” said David Macchia of Wealth2k.

Cirque du Soleil to Help Burnish Sun Life Brand

Wed, Aug 12, 2009

The U.S. unit of the Canadian insurer has also hired the ad agency that created Geico's Gekko and Caveman campaigns.

Its Technology Eases Hedging of GLB Riders, UAT Claims

Wed, Aug 12, 2009

The firm said its real-time portfolio statistics could help insurers preserve GLB features in their products.