Variable Annuities – Recession transforms many spenders into serious savers – NorthJersey.com

March 21st, 2010

Recession transforms many spenders into serious savers – NorthJersey.com
saw its fortunes lifted last year by a surge in sales of very conservative retirement savings products: variable annuities designed to mitigate market risk and provide guaranteed amounts of income in the golden years, regardless of how financial

Open VA platform at Ameriprise may be less than open – InvestmentNews
Ameriprise Financial Inc.’s plan to open its brokerage platform to outside variable annuities falls short of the open architecture favored by other independent broker-dealers. The move, which is expected to occur by the end of the second quarter, is

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Caramadre lawyers argue for dismissal of insurance – Providence Journal
challenged Caramadre in lawsuits that accuse him and his associates of defrauding the companies by deliberately failing to disclose that their investors were purchasing variable annuities in the names of terminally ill people with no

VA companies ready summary prospectuses – InvestmentNews
An insurance industry effort to make summary prospectuses permissible for variable annuities is being received warmly by broker-dealers, despite doubts that the complex products can be described adequately in abbreviated form. The Securities and

Bank Sales Spur Jackson’s VA Growth – Financial-Planning.com
billion as variable annuity sales through banks increased 72.9% from a year earlier to $1.3 billion last year. Barry Lowery, the company’s eastern divisional vice president, said the company had strong sales from both its fixed index annuities

Reining in ‘death benefit’ annuities – Providence Journal
A national group of state lawmakers dedicated to insurance regulation and policy will look at devising a way to rein in the practice of purchasing variable annuities in a stranger’s name, according to Rhode Island Rep. Brian Patrick Kennedy . The

Retirees Shun Certain Financial Service Providers – Credit Union Times
Variable annuities were second in popularity while target payout and absolute return funds earned very little interest, the data showed. Of the 961 respondents surveyed, not one of the 30 firms listed was chosen by more than 10% when asked to name

Recession transforms many spenders into serious savers – NorthJersey.com
saw its fortunes lifted last year by a surge in sales of very conservative retirement savings products: variable annuities designed to mitigate market risk and provide guaranteed amounts of income in the golden years, regardless of how financial

Open VA platform at Ameriprise may be less than open – InvestmentNews
Ameriprise Financial Inc.’s plan to open its brokerage platform to outside variable annuities falls short of the open architecture favored by other independent broker-dealers. The move, which is expected to occur by the end of the second quarter, is

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Caramadre lawyers argue for dismissal of insurance – Providence Journal
challenged Caramadre in lawsuits that accuse him and his associates of defrauding the companies by deliberately failing to disclose that their investors were purchasing variable annuities in the names of terminally ill people with no

VA companies ready summary prospectuses – InvestmentNews
An insurance industry effort to make summary prospectuses permissible for variable annuities is being received warmly by broker-dealers, despite doubts that the complex products can be described adequately in abbreviated form. The Securities and

Bank Sales Spur Jackson’s VA Growth – Financial-Planning.com
billion as variable annuity sales through banks increased 72.9% from a year earlier to $1.3 billion last year. Barry Lowery, the company’s eastern divisional vice president, said the company had strong sales from both its fixed index annuities

Reining in ‘death benefit’ annuities – Providence Journal
A national group of state lawmakers dedicated to insurance regulation and policy will look at devising a way to rein in the practice of purchasing variable annuities in a stranger’s name, according to Rhode Island Rep. Brian Patrick Kennedy . The

Retirees Shun Certain Financial Service Providers – Credit Union Times
Variable annuities were second in popularity while target payout and absolute return funds earned very little interest, the data showed. Of the 961 respondents surveyed, not one of the 30 firms listed was chosen by more than 10% when asked to name

Variable Annuities – USF center seeks justice for small investors – San Francisco Chronicle

March 21st, 2010

USF center seeks justice for small investors – San Francisco Chronicle
Biggest “Beware” sign these days, says Talbot: variable annuities. Hami, listed in last Sunday’s Chronicle as one of the top female comedians in the country (although she isn’t making much more annually than the settlement she got) is not sure if she

USF center seeks justice for small investors – San Francisco Chronicle
Biggest “Beware” sign these days, says Talbot: variable annuities. Hami, listed in last Sunday’s Chronicle as one of the top female comedians in the country (although she isn’t making much more annually than the settlement she got) is not sure if she

Variable Annuities – SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA

March 21st, 2010

SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA
The Securities and Exchange Commission has censured Gilman Ciocia and its Prime Capital Services unit for misrepresenting the variable annuities sold to senior citizens in South Florida. In an order issued Tuesday, the SEC found that from

Ameriprise surprise: Firm to open platform to outside – InvestmentNews
Breaking with its longtime strategy, Ameriprise Financial Inc. soon will open its brokerage platform to allow its 12,000 representatives and advisers to sell variable annuities from outside providers. Until now, Ameriprise has confined its reps to

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA
The Securities and Exchange Commission has censured Gilman Ciocia and its Prime Capital Services unit for misrepresenting the variable annuities sold to senior citizens in South Florida. In an order issued Tuesday, the SEC found that from

Ameriprise surprise: Firm to open platform to outside – InvestmentNews
Breaking with its longtime strategy, Ameriprise Financial Inc. soon will open its brokerage platform to allow its 12,000 representatives and advisers to sell variable annuities from outside providers. Until now, Ameriprise has confined its reps to

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Variable Annuities – Ameriprise surprise: Firm to open platform to outside – InvestmentNews

March 20th, 2010

Ameriprise surprise: Firm to open platform to outside – InvestmentNews
Breaking with its longtime strategy, Ameriprise Financial Inc. soon will open its brokerage platform to allow its 12,000 representatives and advisers to sell variable annuities from outside providers. Until now, Ameriprise has confined its reps to

Seek the best returns for your hard-earned savings – Southern Standard
Many variable annuities, for an additional cost, will guarantee a steady increase, such as 5 percent each year, in the future retirement income that you can draw on the assets you invest for as long as you hold off on drawing your retirement income.

Reining in ‘death benefit’ annuities – Providence Journal
A national group of state lawmakers dedicated to insurance regulation and policy will look at devising a way to rein in the practice of purchasing variable annuities in a stranger’s name, according to Rhode Island Rep. Brian Patrick Kennedy . The

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Retirees Shun Certain Financial Service Providers – Credit Union Times
Variable annuities were second in popularity while target payout and absolute return funds earned very little interest, the data showed. Of the 961 respondents surveyed, not one of the 30 firms listed was chosen by more than 10% when asked to name

Bank Sales Spur Jackson’s VA Growth – Financial-Planning.com
billion as variable annuity sales through banks increased 72.9% from a year earlier to $1.3 billion last year. Barry Lowery, the company’s eastern divisional vice president, said the company had strong sales from both its fixed index annuities

Recession transforms many spenders into serious savers – NorthJersey.com
saw its fortunes lifted last year by a surge in sales of very conservative retirement savings products: variable annuities designed to mitigate market risk and provide guaranteed amounts of income in the golden years, regardless of how financial

Caramadre lawyers argue for dismissal of insurance – Providence Journal
challenged Caramadre in lawsuits that accuse him and his associates of defrauding the companies by deliberately failing to disclose that their investors were purchasing variable annuities in the names of terminally ill people with no

SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA
The Securities and Exchange Commission has censured Gilman Ciocia and its Prime Capital Services unit for misrepresenting the variable annuities sold to senior citizens in South Florida. In an order issued Tuesday, the SEC found that from

Pacific Life Reports Higher Assets, Revenue – Orange County Business Journal
annuities, which is a positive sign from a macro level.” Pacific Life’s total premium income was about $9.4 billion, up from $8.4 billion in 2008. A key driver behind that gain probably was a continued shift by Pacific Life from variable

Ameriprise surprise: Firm to open platform to outside – InvestmentNews
Breaking with its longtime strategy, Ameriprise Financial Inc. soon will open its brokerage platform to allow its 12,000 representatives and advisers to sell variable annuities from outside providers. Until now, Ameriprise has confined its reps to

Seek the best returns for your hard-earned savings – Southern Standard
Many variable annuities, for an additional cost, will guarantee a steady increase, such as 5 percent each year, in the future retirement income that you can draw on the assets you invest for as long as you hold off on drawing your retirement income.

Reining in ‘death benefit’ annuities – Providence Journal
A national group of state lawmakers dedicated to insurance regulation and policy will look at devising a way to rein in the practice of purchasing variable annuities in a stranger’s name, according to Rhode Island Rep. Brian Patrick Kennedy . The

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Retirees Shun Certain Financial Service Providers – Credit Union Times
Variable annuities were second in popularity while target payout and absolute return funds earned very little interest, the data showed. Of the 961 respondents surveyed, not one of the 30 firms listed was chosen by more than 10% when asked to name

Bank Sales Spur Jackson’s VA Growth – Financial-Planning.com
billion as variable annuity sales through banks increased 72.9% from a year earlier to $1.3 billion last year. Barry Lowery, the company’s eastern divisional vice president, said the company had strong sales from both its fixed index annuities

Recession transforms many spenders into serious savers – NorthJersey.com
saw its fortunes lifted last year by a surge in sales of very conservative retirement savings products: variable annuities designed to mitigate market risk and provide guaranteed amounts of income in the golden years, regardless of how financial

Caramadre lawyers argue for dismissal of insurance – Providence Journal
challenged Caramadre in lawsuits that accuse him and his associates of defrauding the companies by deliberately failing to disclose that their investors were purchasing variable annuities in the names of terminally ill people with no

SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA
The Securities and Exchange Commission has censured Gilman Ciocia and its Prime Capital Services unit for misrepresenting the variable annuities sold to senior citizens in South Florida. In an order issued Tuesday, the SEC found that from

Pacific Life Reports Higher Assets, Revenue – Orange County Business Journal
annuities, which is a positive sign from a macro level.” Pacific Life’s total premium income was about $9.4 billion, up from $8.4 billion in 2008. A key driver behind that gain probably was a continued shift by Pacific Life from variable

Variable Annuities – Retirees Shun Certain Financial Service Providers – Credit Union Times

March 20th, 2010

Retirees Shun Certain Financial Service Providers – Credit Union Times
Variable annuities were second in popularity while target payout and absolute return funds earned very little interest, the data showed. Of the 961 respondents surveyed, not one of the 30 firms listed was chosen by more than 10% when asked to name

SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA
The Securities and Exchange Commission has censured Gilman Ciocia and its Prime Capital Services unit for misrepresenting the variable annuities sold to senior citizens in South Florida. In an order issued Tuesday, the SEC found that from

On Investing: Share repurchase programs are usually – SW Iowa News
He is licensed to assist you with your investment, retirement plans, life insurance, variable life insurance, fixed and variable annuities. Brian can be reached at Bank Iowa Investment Center, 712-246-1311

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Reining in ‘death benefit’ annuities – Providence Journal
A national group of state lawmakers dedicated to insurance regulation and policy will look at devising a way to rein in the practice of purchasing variable annuities in a stranger’s name, according to Rhode Island Rep. Brian Patrick Kennedy . The

Caramadre lawyers argue for dismissal of insurance – Providence Journal
challenged Caramadre in lawsuits that accuse him and his associates of defrauding the companies by deliberately failing to disclose that their investors were purchasing variable annuities in the names of terminally ill people with no

Bank Sales Spur Jackson’s VA Growth – Financial-Planning.com
billion as variable annuity sales through banks increased 72.9% from a year earlier to $1.3 billion last year. Barry Lowery, the company’s eastern divisional vice president, said the company had strong sales from both its fixed index annuities

Seek the best returns for your hard-earned savings – Southern Standard
Many variable annuities, for an additional cost, will guarantee a steady increase, such as 5 percent each year, in the future retirement income that you can draw on the assets you invest for as long as you hold off on drawing your retirement income.

Recession transforms many spenders into serious savers – NorthJersey.com
saw its fortunes lifted last year by a surge in sales of very conservative retirement savings products: variable annuities designed to mitigate market risk and provide guaranteed amounts of income in the golden years, regardless of how financial

Retirees Shun Certain Financial Service Providers – Credit Union Times
Variable annuities were second in popularity while target payout and absolute return funds earned very little interest, the data showed. Of the 961 respondents surveyed, not one of the 30 firms listed was chosen by more than 10% when asked to name

SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA
The Securities and Exchange Commission has censured Gilman Ciocia and its Prime Capital Services unit for misrepresenting the variable annuities sold to senior citizens in South Florida. In an order issued Tuesday, the SEC found that from

On Investing: Share repurchase programs are usually – SW Iowa News
He is licensed to assist you with your investment, retirement plans, life insurance, variable life insurance, fixed and variable annuities. Brian can be reached at Bank Iowa Investment Center, 712-246-1311

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Reining in ‘death benefit’ annuities – Providence Journal
A national group of state lawmakers dedicated to insurance regulation and policy will look at devising a way to rein in the practice of purchasing variable annuities in a stranger’s name, according to Rhode Island Rep. Brian Patrick Kennedy . The

Caramadre lawyers argue for dismissal of insurance – Providence Journal
challenged Caramadre in lawsuits that accuse him and his associates of defrauding the companies by deliberately failing to disclose that their investors were purchasing variable annuities in the names of terminally ill people with no

Bank Sales Spur Jackson’s VA Growth – Financial-Planning.com
billion as variable annuity sales through banks increased 72.9% from a year earlier to $1.3 billion last year. Barry Lowery, the company’s eastern divisional vice president, said the company had strong sales from both its fixed index annuities

Seek the best returns for your hard-earned savings – Southern Standard
Many variable annuities, for an additional cost, will guarantee a steady increase, such as 5 percent each year, in the future retirement income that you can draw on the assets you invest for as long as you hold off on drawing your retirement income.

Recession transforms many spenders into serious savers – NorthJersey.com
saw its fortunes lifted last year by a surge in sales of very conservative retirement savings products: variable annuities designed to mitigate market risk and provide guaranteed amounts of income in the golden years, regardless of how financial

Variable Annuities – Ameriprise surprise: Firm to open platform to outside – InvestmentNews

March 20th, 2010

Ameriprise surprise: Firm to open platform to outside – InvestmentNews
Breaking with its longtime strategy, Ameriprise Financial Inc. soon will open its brokerage platform to allow its 12,000 representatives and advisers to sell variable annuities from outside providers. Until now, Ameriprise has confined its reps to

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Ameriprise surprise: Firm to open platform to outside – InvestmentNews
Breaking with its longtime strategy, Ameriprise Financial Inc. soon will open its brokerage platform to allow its 12,000 representatives and advisers to sell variable annuities from outside providers. Until now, Ameriprise has confined its reps to

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Variable Annuities – Reining in ‘death benefit’ annuities – Providence Journal

March 20th, 2010

Reining in ‘death benefit’ annuities – Providence Journal
A national group of state lawmakers dedicated to insurance regulation and policy will look at devising a way to rein in the practice of purchasing variable annuities in a stranger’s name, according to Rhode Island Rep. Brian Patrick Kennedy . The

SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA
The Securities and Exchange Commission has censured Gilman Ciocia and its Prime Capital Services unit for misrepresenting the variable annuities sold to senior citizens in South Florida. In an order issued Tuesday, the SEC found that from

Pletschet: Off-beat glances in world of investing – Inside Bay Area
But extra fees levied in the funds held in investments like 401(k) plans and variable annuities are pushing some funds’ returns below zero. I’m not a fan of variable annuities, partly because of fees levied, and 401(k) returns are not being depleted

Caramadre lawyers argue for dismissal of insurance – Providence Journal
challenged Caramadre in lawsuits that accuse him and his associates of defrauding the companies by deliberately failing to disclose that their investors were purchasing variable annuities in the names of terminally ill people with no

Bank Sales Spur Jackson’s VA Growth – Financial-Planning.com
billion as variable annuity sales through banks increased 72.9% from a year earlier to $1.3 billion last year. Barry Lowery, the company’s eastern divisional vice president, said the company had strong sales from both its fixed index annuities

Recession transforms many spenders into serious savers – NorthJersey.com
saw its fortunes lifted last year by a surge in sales of very conservative retirement savings products: variable annuities designed to mitigate market risk and provide guaranteed amounts of income in the golden years, regardless of how financial

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Retirees Shun Certain Financial Service Providers – Credit Union Times
Variable annuities were second in popularity while target payout and absolute return funds earned very little interest, the data showed. Of the 961 respondents surveyed, not one of the 30 firms listed was chosen by more than 10% when asked to name

Reining in ‘death benefit’ annuities – Providence Journal
A national group of state lawmakers dedicated to insurance regulation and policy will look at devising a way to rein in the practice of purchasing variable annuities in a stranger’s name, according to Rhode Island Rep. Brian Patrick Kennedy . The

SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA
The Securities and Exchange Commission has censured Gilman Ciocia and its Prime Capital Services unit for misrepresenting the variable annuities sold to senior citizens in South Florida. In an order issued Tuesday, the SEC found that from

Pletschet: Off-beat glances in world of investing – Inside Bay Area
But extra fees levied in the funds held in investments like 401(k) plans and variable annuities are pushing some funds’ returns below zero. I’m not a fan of variable annuities, partly because of fees levied, and 401(k) returns are not being depleted

Caramadre lawyers argue for dismissal of insurance – Providence Journal
challenged Caramadre in lawsuits that accuse him and his associates of defrauding the companies by deliberately failing to disclose that their investors were purchasing variable annuities in the names of terminally ill people with no

Bank Sales Spur Jackson’s VA Growth – Financial-Planning.com
billion as variable annuity sales through banks increased 72.9% from a year earlier to $1.3 billion last year. Barry Lowery, the company’s eastern divisional vice president, said the company had strong sales from both its fixed index annuities

Recession transforms many spenders into serious savers – NorthJersey.com
saw its fortunes lifted last year by a surge in sales of very conservative retirement savings products: variable annuities designed to mitigate market risk and provide guaranteed amounts of income in the golden years, regardless of how financial

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Retirees Shun Certain Financial Service Providers – Credit Union Times
Variable annuities were second in popularity while target payout and absolute return funds earned very little interest, the data showed. Of the 961 respondents surveyed, not one of the 30 firms listed was chosen by more than 10% when asked to name

Variable Annuities – Reining in ‘death benefit’ annuities – Providence Journal

March 20th, 2010

Reining in ‘death benefit’ annuities – Providence Journal
A national group of state lawmakers dedicated to insurance regulation and policy will look at devising a way to rein in the practice of purchasing variable annuities in a stranger’s name, according to Rhode Island Rep. Brian Patrick Kennedy . The

Seek the best returns for your hard-earned savings – Southern Standard
Many variable annuities, for an additional cost, will guarantee a steady increase, such as 5 percent each year, in the future retirement income that you can draw on the assets you invest for as long as you hold off on drawing your retirement income.

Pletschet: Off-beat glances in world of investing – Inside Bay Area
But extra fees levied in the funds held in investments like 401(k) plans and variable annuities are pushing some funds’ returns below zero. I’m not a fan of variable annuities, partly because of fees levied, and 401(k) returns are not being depleted

Ameriprise surprise: Firm to open platform to outside – InvestmentNews
Breaking with its longtime strategy, Ameriprise Financial Inc. soon will open its brokerage platform to allow its 12,000 representatives and advisers to sell variable annuities from outside providers. Until now, Ameriprise has confined its reps to

SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA
The Securities and Exchange Commission has censured Gilman Ciocia and its Prime Capital Services unit for misrepresenting the variable annuities sold to senior citizens in South Florida. In an order issued Tuesday, the SEC found that from

Recession transforms many spenders into serious savers – NorthJersey.com
saw its fortunes lifted last year by a surge in sales of very conservative retirement savings products: variable annuities designed to mitigate market risk and provide guaranteed amounts of income in the golden years, regardless of how financial

Bank Sales Spur Jackson’s VA Growth – Financial-Planning.com
billion as variable annuity sales through banks increased 72.9% from a year earlier to $1.3 billion last year. Barry Lowery, the company’s eastern divisional vice president, said the company had strong sales from both its fixed index annuities

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Caramadre lawyers argue for dismissal of insurance – Providence Journal
challenged Caramadre in lawsuits that accuse him and his associates of defrauding the companies by deliberately failing to disclose that their investors were purchasing variable annuities in the names of terminally ill people with no

Reining in ‘death benefit’ annuities – Providence Journal
A national group of state lawmakers dedicated to insurance regulation and policy will look at devising a way to rein in the practice of purchasing variable annuities in a stranger’s name, according to Rhode Island Rep. Brian Patrick Kennedy . The

Seek the best returns for your hard-earned savings – Southern Standard
Many variable annuities, for an additional cost, will guarantee a steady increase, such as 5 percent each year, in the future retirement income that you can draw on the assets you invest for as long as you hold off on drawing your retirement income.

Pletschet: Off-beat glances in world of investing – Inside Bay Area
But extra fees levied in the funds held in investments like 401(k) plans and variable annuities are pushing some funds’ returns below zero. I’m not a fan of variable annuities, partly because of fees levied, and 401(k) returns are not being depleted

Ameriprise surprise: Firm to open platform to outside – InvestmentNews
Breaking with its longtime strategy, Ameriprise Financial Inc. soon will open its brokerage platform to allow its 12,000 representatives and advisers to sell variable annuities from outside providers. Until now, Ameriprise has confined its reps to

SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA
The Securities and Exchange Commission has censured Gilman Ciocia and its Prime Capital Services unit for misrepresenting the variable annuities sold to senior citizens in South Florida. In an order issued Tuesday, the SEC found that from

Recession transforms many spenders into serious savers – NorthJersey.com
saw its fortunes lifted last year by a surge in sales of very conservative retirement savings products: variable annuities designed to mitigate market risk and provide guaranteed amounts of income in the golden years, regardless of how financial

Bank Sales Spur Jackson’s VA Growth – Financial-Planning.com
billion as variable annuity sales through banks increased 72.9% from a year earlier to $1.3 billion last year. Barry Lowery, the company’s eastern divisional vice president, said the company had strong sales from both its fixed index annuities

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Caramadre lawyers argue for dismissal of insurance – Providence Journal
challenged Caramadre in lawsuits that accuse him and his associates of defrauding the companies by deliberately failing to disclose that their investors were purchasing variable annuities in the names of terminally ill people with no

Variable Annuities – Small Business Snapshot: Concepts Marketing & Insurance – Desert Sun

March 19th, 2010

Small Business Snapshot: Concepts Marketing & Insurance – Desert Sun
Description of business: Sales and consulting for personal insurance, including life, health, Medicare supplements, travel insurance, disability income, long-term care, life settlements and all forms of annuities (fixed and variable). Number of

SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA
The Securities and Exchange Commission has censured Gilman Ciocia and its Prime Capital Services unit for misrepresenting the variable annuities sold to senior citizens in South Florida. In an order issued Tuesday, the SEC found that from

Small Business Snapshot: Concepts Marketing & Insurance – Desert Sun
Description of business: Sales and consulting for personal insurance, including life, health, Medicare supplements, travel insurance, disability income, long-term care, life settlements and all forms of annuities (fixed and variable). Number of

SEC Censures Gilman Ciocia for Annuity Sales to Seniors – WebCPA
The Securities and Exchange Commission has censured Gilman Ciocia and its Prime Capital Services unit for misrepresenting the variable annuities sold to senior citizens in South Florida. In an order issued Tuesday, the SEC found that from

Variable Annuities – Zacks Analyst Blog Highlights: Hartford Financial – PR Inside

March 19th, 2010

Zacks Analyst Blog Highlights: Hartford Financial – PR Inside
We remain concerned with Hartford’s exposure to variable annuities and pressure on the Life segment as consumers seek relatively safe investment vehicles for their retirement assets. Most of the major institutions in the financial market like

Reining in ‘death benefit’ annuities – Providence Journal
A national group of state lawmakers dedicated to insurance regulation and policy will look at devising a way to rein in the practice of purchasing variable annuities in a stranger’s name, according to Rhode Island Rep. Brian Patrick Kennedy . The

GLBs Buoy Variable Annuity Sales, But for How Long? – On Wall Street
While sales of variable annuities declined 18% to $127 billion last year, guaranteed living benefits remained popular, with 84% of policyholders electing to buy those riders in the fourth quarter, according to LIMRA data. Sign up for our Daily

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Seek the best returns for your hard-earned savings – Southern Standard
Many variable annuities, for an additional cost, will guarantee a steady increase, such as 5 percent each year, in the future retirement income that you can draw on the assets you invest for as long as you hold off on drawing your retirement income.

Vanguard? Fidelity? Retirees clueless about sellers of – InvestmentNews
Variable annuities were the third-most-popular retirement income vehicle, but investors are clearly unsure what these products actually are. Indeed, fewer than one in six investors said that they are very familiar with retirement income products.

Caramadre lawyers argue for dismissal of insurance – Providence Journal
challenged Caramadre in lawsuits that accuse him and his associates of defrauding the companies by deliberately failing to disclose that their investors were purchasing variable annuities in the names of terminally ill people with no

Zacks Analyst Blog Highlights: Hartford Financial – PR Inside
We remain concerned with Hartford’s exposure to variable annuities and pressure on the Life segment as consumers seek relatively safe investment vehicles for their retirement assets. Most of the major institutions in the financial market like

Reining in ‘death benefit’ annuities – Providence Journal
A national group of state lawmakers dedicated to insurance regulation and policy will look at devising a way to rein in the practice of purchasing variable annuities in a stranger’s name, according to Rhode Island Rep. Brian Patrick Kennedy . The

GLBs Buoy Variable Annuity Sales, But for How Long? – On Wall Street
While sales of variable annuities declined 18% to $127 billion last year, guaranteed living benefits remained popular, with 84% of policyholders electing to buy those riders in the fourth quarter, according to LIMRA data. Sign up for our Daily

Annuities Offer Steady Income, Big Drawbacks – MSN Money
With traditional, or fixed, annuities, investors buy an insurance policy that pays them a fixed amount of money each month or year until they die. With variable annuities, your payout varies with market conditions. Yet fixed annuities leave one big

Seek the best returns for your hard-earned savings – Southern Standard
Many variable annuities, for an additional cost, will guarantee a steady increase, such as 5 percent each year, in the future retirement income that you can draw on the assets you invest for as long as you hold off on drawing your retirement income.

Vanguard? Fidelity? Retirees clueless about sellers of – InvestmentNews
Variable annuities were the third-most-popular retirement income vehicle, but investors are clearly unsure what these products actually are. Indeed, fewer than one in six investors said that they are very familiar with retirement income products.

Caramadre lawyers argue for dismissal of insurance – Providence Journal
challenged Caramadre in lawsuits that accuse him and his associates of defrauding the companies by deliberately failing to disclose that their investors were purchasing variable annuities in the names of terminally ill people with no