Updated Monday, March 10, 2014 as of 3:17 AM ET
This is according to finance professor Moshe Milevsky, who spoke at the annual Bank Insurance & Securities Association conference here on Friday.
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Firm's partners say they wanted 'control of our destiny -- we wanted to own our own equity.' more »
The move is part of a shift of emphasis from life insurance "to a more well-rounded protection and retirement planning approach." more »
Investment advisors will play a critical role in helping the nearly 80 million baby boomers and future generations develop a sustainable plan for retirement, a pair of senators said on Wednesday. more »
ING U.S. will begin selling fixed annuities through Allstate agencies as the largest publicly traded U.S. auto and home insurer ceases to offer its own brand of the retirement products. more »
Lincoln National topped $10 billion in individual variable annuity sales in the nine months ended Sept. 30, the most in at least six years, as rivals retreated from the contracts. more »
Such annuities typically mean “watered-down guarantees” and there’s not a lot of demand for that, a panel of speakers said at LIMRA’s 2013 annual conference on Monday. more »
The firm was praised for its client marketing materials at the annual Retirement Income Industry Association conference. Allianz and Principal were also honored. more »
Issuers have been busy changing fees, adjusting payout levels and consolidating age bands. more »
Advisors may say they're comfortable developing retirement income strategies -- but none seem to agree on the right way to create an income stream. more »
Despite a tarnished reputation, annuities make sense for some clients. Even so, advisors highlight some of the biggest challenges they face in using annuities for clients. more »
In the first half of 2013, they generated $283.3 million in revenue, the most they’ve made in the first six months of any year since 2007. more »
Lincoln joins about a dozen companies who either offer or have filed to offer an annuity product that is gaining traction in the market. more »
In the second quarter, fixed annuities experienced highest quarterly sales since 2011, according to data from Morningstar and Beacon Research. more »
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