The Pension Fund Regulatory and Development Authority has set up a committee to draft guidelines for assured payout options under the National Pension System for non-government subscribers. While such ...
No matter what you call them—“consolidators,” “aggregators,” or the newly popular “mega RIAs”—today’s large wealth management firms pursuing acquisitions, roll-ups and tuck-ins all share a common goal ...
Annuities can help secure financial stability in retirement. Annuities can be passed to beneficiaries, allowing you to pass them to the people or charities you care about. These vehicles can be ...
Total third-quarter sales for all annuities were $117.0 billion, Wink's Sales and Market Report said. Sales were up 1.8% when compared to the previous quarter and up 1.5% when compared to the same ...
If clients have been on the fence about buying annuities, the industry’s cheerleaders say that there’s no better time than now to enter the marketplace. In fact, they say, consumer interest in ...
Annuity market sales are projected to reach $450 billion in 2025, roughly double the volume seen in 2020, due to retirement plan participants’ desire for predictable income. As defined contribution ...
Retirement researchers are often enthusiastic about annuities, but many consumers are reasonably skeptical. Here to discuss basic information about annuities and their pros and cons is Christine Benz, ...
An annuity is a financial product that provides a stream of income over a set period. Annuities are often used in retirement planning as a way to generate income from a lump sum investment. However, ...
Total US annuity sales reached $119.5 billion in the second quarter, an 8% increase from a year ago and the highest quarterly result on record, according to LIMRA’s latest US Individual Annuity Sales ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But annuities don't function like most other retirement tools, which can ...
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