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EIAs Work Best During Worst Markets
Mon, Jun 01, 2009
“Selling guarantees is like smoking Cuban cigars while driving a dynamite truck. You better do it carefully,” a Journal of Financial Planning article observes.
The Sage of Omaha Says GLWBs Were “Crazy”
Tue, Jun 02, 2009
“If you buy a [VA] policy, you the policyholder get some of the upside, and [the insurers] guarantee you always get your premium back.” From a company’s perspective, “that’s poison,” Warren Buffett was quoted as saying.
Inflation-Adjusted Income Annuities Pay Off, Study Asserts
Tue, Jun 02, 2009
People who assume 3% average inflation—a common standard—when planning for retirement may have far less purchasing power in retirement than they anticipated, says Felix Schirripa.
LIMRA Releases First Quarter Annuity Data
Tue, Jun 02, 2009
Sales of variable annuities experienced their fourth quarter of double-digit declines, dropping 27% compared to the first quarter of 2008.
ALDAs Make the Most Sense: Financial Engines
Tue, Jun 02, 2009
Life annuities will be more popular when offered at a discount well before the income start date, the authors argue.
Symetra Solves An RMD Problem
Tue, Jun 02, 2009
Longevity insurance has been tough to sell, partly because of conflicts with Required Minimum Distribution rules. But Symetra says it has overcome that hurdle with its enhanced Freedom Income Annuity.
