Nationwide Life & Annuity is implementing a 10-basis-point increase on certain riders for new variable-annuity products. Experts say such moves are an effort to improve variable-annuity sales, which they expect to drop by 6% to 7% this year. InsuranceNewsNet online (2/2)
Advisors would serve their clients well by including annuities and life insurance in their asset allocations, writes financial planner Ted Jenkin. "This will ensure they will have some level of guaranteed future retirement income," he writes. InsuranceNewsNet online (1/25)
Commentary: The annuity business needs to clarify its message The annuity business would do well to develop a consistent message, writes Stan Haithcock. “The current ‘annuity message’ is so disjointed and random that it would cause most ad agencies to pull their hair out,” he notes. “Is it growth? Is…
Experts: Rising interest rates may boost annuity/LTC products Low interest rates have depressed sales for products that combine annuities and long-term-care benefits, according to experts. Sales are so low that LIMRA and the American Association for Long-Term Care Insurance said they don’t even track those numbers. But “if interest rates…
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