In “Outlook 2012: Annuities-Industry at Crossroads, With Weatherford, Greenwald, Cortazzo,” John Sullivan of AdvisorOne says that annuities should do well next year despite some potential hurdles. With two major annuity carriers departing the market recently, you would think that would forecast a big problem for …
The Insured Retirement Institute found that variable annuities are as popular as ever, reaching record levels of sales in the 3rd quarter of this year. Net variable annuity sales of $8.8 billion had not been reached since the 3rd quarter of 2007 saw $8.9 billion …
A recent study from LIMRA showed that 35% of retirees use annuities to finance their retirement, according to USA Insurance’s Insurance Corner. In the article “Study: Annuities could become larger income stream for retirees,” it is suggested that this percentage is likely to increase rapidly …
There are many elderly people going back to work in their 80’s because they need income to supplement their lifetime savings. In the Deposit Accounts article “Options for the Elderly to Live with Today’s Ultra Low Interest Rates,” author Ken says that immediate fixed annuities …
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