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PHILADELPHIA ANNUITY
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John Hancock Variable Annuities Launches 'Advisor of Choice'
John Hancock Variable Annuities today announced a major program designed to support advisors' efforts to expand their business with simple new tools to develop guaranteed retirement income plans for their clients. John Hancock Variable Annuities Launches 'Advisor of Choice' Source: MSN Money Central
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Fixed Indexed Annuities Can Be a Powerful Bond Substitute
In the 1890s, caramel was the candy of choice in America. Milton Hershey, however, had a vision that milk chocolate could capture the taste buds of the nation. The rest of the Hershey Chocolate story is history. The same is true of fixed indexed annuities (FIAs). Despite this past year, in which this emerging savings tool had to confront regulatory challenges, as well as a strong stock market and an inverted yield curve, FIAs still provide a viable alternative to laddered CDs, bonds, bond funds, and even the fixed component of a variable annuity (VA) asset allocation model. Fixed Indexed
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Prudential Annuities Announces 'Highest Daily Lifetime Seven' with Lifetime Income Accelerator
Prudential Annuities, the domestic annuity business for Prudential Financial, Inc. today announced the latest innovation in its award-winning1 array of variable annuity optional living benefits, Highest Daily Lifetime Seven with Lifetime Income Accelerator. This flexible income option can double investors’ annual income amount should certain health conditions be present. Prudential Annuities Announces 'Highest Daily Lifetime Seven' with Lifetime Income Accelerator Source: Yahoo! Finance
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401(k) Industry Focusing on Use of Annuities to Enhance Retirement Security
Increasingly, the benefits community is exploring ideas that might encourage 401(k) account holders to annuitize at least part of their retirement saving. Their reasons: Concerns that retired individuals will outlive their retirement savings, especially because retirees now are living longer. Worries over whether investment strategies funded by lump sums are sound also have been exacerbated by recent financial market volatility. 401(k) Industry Focusing on Use of Annuities to Enhance Retirement Security Source: Insurance News Net
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