The ACLI applauds the Treasury Department's proposed guidance that will make it easier for workers participating in employer-sponsored retirement plans to use a portion of their savings to acquire a "deeply deferred annuity" that offers guaranteed income for life...
Total annuity sales increased eight percent in 2011, compared to 2010, to reach $240.3 billion, according to LIMRA's fourth quarter 2011 U.S. Individual Annuities Sales survey, which represents data from 94 percent of the market...
From a ratings perspective, we are concerned with the ultimate risk profile of any CA products, pricing adequacy, questions of transparency, and how the product will be reserved for considering the level of capital required under regulatory capital ratios....
Under the $25 million agreement awarded during the first quarter of fiscal year 2012, CSC will continue to provide apps and infrastructure services for the carrier’s U.S. Wealth Management Division to support the admin of more than one million fixed and variable annuity policies...
Annuity FYI, a free resource for comparing annuities, has released a free Investor’s Guide to Lifetime Income Benefits – an optional annuity rider that provides a guaranteed stream of income for life...
