Economy & Markets
The important economic and stock market news that advisors need to know.
Income and spending preferences
By staff Writer78%: Percentage of people age 50 to 64 with at least one credit card, compared with 55 percent who have a debit or check card. 74%: Percentage of people over age 65 with at least one credit ca
April 17, 2008
Annuity versatility introducedAlready a recognized leader in the annuity space, Allianz Life Insurance Co. of North America has launched a new fixed index annuity, VersaDex. Allianz says the new product combines the long-term tax-deferred asset growth potential of traditional
April 17, 2008
Allianz launches annuityCalling it an industry first, Allianz Life Insurance Co. of North America introduced the Allianz Endurance 15 Annuity. This fixed indexed product offers a 15 percent bonus on all premium paid during the first three contract years. The bonus is
April 17, 2008
VA offers growth, withdrawalsAsset growth and guaranteed withdrawals. Retirees, pre-retirees and their advisors are always on the lookout for both, seeking that balance that will fund a long and happy retirement. The Guardian Insurance & Annuity Co. introduced an annuity
April 17, 2008
Company offers income storage benefitAs retirees and those close to retirement realize that their money is going to have to last longer than ever, they are looking for products that help meet that need. The U.S. division of Sun Life Financial is doing what it can to meet the retirement
April 16, 2008
Allianz launches annuityCalling it an industry first, Allianz Life Insurance Co. of North America introduced the Allianz Endurance 15 Annuity. This fixed indexed product offers a 15 percent bonus on all premium paid during the first three contract years. The bonus is
April 16, 2008
VA offers growth, withdrawalsAsset growth and guaranteed withdrawals. Retirees, pre-retirees and their advisors are always on the lookout for both, seeking that balance that will fund a long and happy retirement. The Guardian Insurance & Annuity Co. introduced an annuity
April 16, 2008
Report shows BHC income upBank holding companies saw their income earned from the sale and servicing of mutual funds and annuities rise in the first quarter of 2007. The "Bank Holding Company Fee Income Report," compiled by Michael White Associates, shows BHCs reported