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Annuities

Bank Annuity Fee Income Rose 12.9% in 3Qtr 2009

by Editorial Staff

Wed, Jan 27, 2010

Through September 30, 2009, bank holding companies earned $2 billion from the sale of annuities, a 2.5% increase over the first nine months of 2008, according to the Michael White-ABIA Bank Annuity Fee Income Report.

Tiny, Embattled Presidential Life Announces a New DIA

by Editorial Staff

Wed, Jan 27, 2010

The Sentinel deferred income annuity would pay a 55-year-old man $25K per year for life, starting in 20 years, for about $86,900 today.

AXA Trumpets a Treasury-Linked VA Rider

AXA Trumpets a Treasury-Linked VA Rider

by Kerry Pechter

Wed, Jan 06, 2010

AXA Equitable Life (and its trademark gorilla) have bounced back from the financial crisis with a novel variable annuity rider that pegs guaranteed accumulation and withdrawal rates to the 10-year Treasury rate, plus one percent.