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PHILADELPHIA ANNUITY
Articles
The Fixed Annuity Income Riders
Annuity income riders are designed to provide safety of investment, predictable, guaranteed, lifetime income and peace of mind to people who are worried about running out of money in retirement. The Fixed Annuity Riders Source: Insurance News Net
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SEC Seeks to Regulate Indexed Annuities Agents
Amid growing concerns over abusive sales practices by insurance agents, the Securities and Exchange Commission has proposed to regulate the increasingly popular indexed annuity as a securities product, a move that has sparked anxiety within the insurance industry. SEC Seeks to Regulate Indexed Annuities Agents Source: Hartford Business
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TIAA-CREF Series Looks at Myths and Facts About Retirement Income
As Baby Boomers approach retirement, a growing number of individuals will confront the challenge of converting their savings into income that may need to last for as long as 30 years. A new article by TIAA-CREF explores approaches to maximizing the potential of annuities to help assure individuals never run out of money. TIAA-CREF Series Looks at Myths and Facts About Retirement Income Source: MarketWatch
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SEC Proposal to Reclassify Annuities as Securities Products Has Far-Reaching Implications for Industry and Consumers
In June 2008, the U.S. Securities and Exchange Commission released a proposal to reclassify the annuity products referred to as fixed indexed annuities or equity indexed annuities (indexed annuities) as securities. New research from TowerGroup finds that this proposal has far-reaching implications for the insurance companies and agents selling the products as well as for consumers, whom the proposal is primarily intended to protect. SEC Proposal to Reclassify Annuities as Securities Products Has Far-Reaching Implications for Industry and Consumers Source: Insurance News Net
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