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Annuities
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Morningstar Debuts Web-Based Variable Annuity Research Tool
May 21, 2012Morningstar has launched Annuity Intelligence, a web-based research and evaluation tool for advisors and broker-dealers charged with finding the best variable annuity products for their clients.
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Annuity Sales Slide in the First Quarter of 2012
May 18, 2012Indexed annuities were one bright spot in the market, hitting $8.1 billion in sales, up 14% from the year-ago period.
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Jefferson National Adds More Alt Funds to Flagship Annuity
May 14, 2012Jefferson National has beefed up its Monument Advisor variable annuity with a slew of new alternative investment options.
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Fidelity Beefs Up Personal Retirement VA
May 4, 2012Fidelity Investments has added four mutual funds to a variable annuity product it launched in 2005, opting for simplicity in an era where advisors and clients are wary of complexity in variable annuities.
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Great-West Launches New Retirement Product
May 3, 2012Clients interested in guaranteed lifetime income? Now you have one more option to offer, courtesy of Great-West Life & Annuity Insurance Co.
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Prudential Annuities Adds New Sub-Advisors
May 1, 2012The company has unveiled two new asset allocation portfolios and two new sub-advisors.
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Revenue from Investment Services Jumps at Banks, Credit Unions
April 30, 2012Revenue from the sale of investment and life insurance services at banks and credit unions increased 10% in 2011, led by a significant boost in advisory services.
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Bank Annuity Fee Income Jumps 10.4% in 2011
April 19, 2012Bank holding companies earned $2.84 billion from the sale of annuities in 2011, up 10.4% from the previous year, according to a new report from Michael White Associates.
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Retirement Portfolios Recovering But Investors Still Shook Up
April 9, 2012Even though retirement portfolios have nearly recovered from the financial crisis, investors have not, say financial advisors in a recent survey.
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The Hartford to Pay Back $2.4B of Allianz Loan
April 4, 2012Allianz will still own about 5% percent of the company, worth approximately $464 million.
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Advisors Boost Use of Variable Annuities
April 3, 2012Advisors have increased their recommendations of variable annuities since 2008, regardless of whether they were annuity supporters or skeptics.
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Advisors Increase Use of Variable Annuities: Survey
April 2, 2012Advisors have increased their recommendations of variable annuities since 2008, regardless of whether they were annuity supporters or skeptics.
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Advisors Increase Use of Variable Annuities: Survey
April 2, 2012Advisors have increased their recommendations of variable annuities since 2008, regardless of whether they were annuity supporters or skeptics.
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Edward Jones Suspends Sales of Hartford Products
March 28, 2012In the wake of The Hartford’s recent decision to place its individual annuity business “into a runoff,” Edward Jones this week has stopped offering the firm’s annuities and has suspended sales of new life insurance policies and retirement plans pending the eventual resolution of the uncertainty surrounding these businesses.
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Mixed Reactions to Hartford’s Strategic Announcement
March 23, 2012Paulson, rating agencies respond to The Hartford’s decision to place individual annuity business into run off and pursue divestiture options for individual life, Woodbury Financial and retirement plans.
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