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October 28, 2009, Featured Articles

Neapolitan Annuity

By Kerry Pechter   Wed, Oct 28, 2009

Hartford Life’s new Personal Retirement Manager is three products in one. It bundles a deferred income annuity with a variable investment and a fixed return account.

After the VA arms race ended in armageddon last winter, the big annuity manufacturers tasked their actuaries and product developers to engineer a new breed of income products that wouldn't backfire like GLWBs.  


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