Updated Friday, July 25, 2014 as of 2:49 AM ET
Portfolio - Annuities
Annuity Changes Speed Up
Tuesday, October 1, 2013
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Annuity product developers are making more changes - adjusting fees and payout levels, and switching to lower-volatility sub-account options. Such activity ramped up during the second quarter and continued into the third - with the most common changes being consolidations of age bands on lifetime withdrawals, and the most significant being buyback offers and premium suspensions.

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