Download or read book Marketing and Selling Variable and Fixed Annuities written by Bruce F. Wells and published by Irwin Professional Publishing. This book was released on 1995 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Sales Marketing Guide to Variable Annuities written by Gary H. Snouffer and published by . This book was released on 1997 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Truth about Variable Annuities written by Crc Fic Cwc J. Marc Ruggerio and published by Lulu.com. This book was released on 2011-01-19 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most up to date and authoritative book on the complexities of structuring annuities. The author takes an unbiased point of view and articulates the complexities of all the major aspects of variable annuities and riders to allow them to become more understood by financial advisors and annuity owners alike. He clearly notes the benefits of variable annuities as well as the pitfalls which to look out for! Showing you the strategies that experts utilize within these investments while also detailing significant failures of cases where they were misunderstood and not structured properly. Can be used as a perfect reference guide on specific aspects of variable annuities as well as providing insight into the business of how variable annuities are sold. This is a bold and concise approach that allows the truth to be seen without reservations.

Download or read book Don t Die Broke written by David Reindel and published by Agate Publishing. This book was released on 2009-03-01 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: Massive numbers of 50-plus baby boomers will be retiring in the next few years. How will they finance that retirement? This practical guide presents an often overlooked but commonsense solution. Expert David Reindel argues persuasively for the preservation of assets, rather than a risk-prone obsession with the accumulation of them. Crucial to this process, he explains, is the humble annuity. Why have these time-honored investment tools generated so much negative attention in recent years? Don’t Die Broke details the financial industry’s misrepresentations of the annuity, and how — set up and managed correctly — it can offer the most reliable income source for boomers in this era of economic uncertainty. This book is both a clear-minded analysis of the forces that have led us to the present calamity and a reassuring roadmap to a more secure future.

Download or read book 2005 Annuity Fact Book written by and published by . This book was released on 2005 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Marketing Development of the Variable Annuity written by Joan T. Shopiro and published by . This book was released on 1965 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book How to Sell Annuities written by Michael Bonilla and published by Independently Published. This book was released on 2018-03-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you ever wonder how some people sell annuities like hot cakes and yet you haven't sold a single annuity in over a year? Not everyone starts out know the tips and hints to take them to the top of annuity sales. This book might be helpful on your journey selling insurance. Selling Annuities isn't like selling life insurance. It takes a slightly different approach and this book will give you something to think about next time you are prospecting for annuities. I've put some strategies, some prospecting ideas and some overall helpful hints.

Download or read book Annuities written by David Shapiro and published by Dearborn Real Estate Education Company. This book was released on 2001 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation This text provides a clearly organized introduction to the subject of annuities, written in non-technical language for students or other non-specialists. The chapters include summaries and review questions; an appendix contains a sample flexible premium deferred annuity contract. There is no index. Schapiro and Streiff work in financial services. Annotation c. Book News, Inc., Portland, OR (booknews.com).

Download or read book Conflicting Interests and the Effect of Fiduciary Duty Evidence from Variable Annuities written by Mark L. Egan and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the drivers of variable annuity sales and the impact of a proposed regulatory change. Variable annuities are popular retirement products with over $2 trillion in assets in the United States. Insurers typically pay brokers a commission for selling variable annuities that ranges from 0% to over 10% of investors' premium payments. Brokers earn higher commissions for selling inferior annuities, in terms of higher expenses and more ex-post complaints. Our results indicate that variable annuity sales are roughly six times more sensitive to brokers' financial interests than investors'. To help limit conflicts of interest, the Department of Labor proposed a rule in 2016 that would hold brokers to a fiduciary standard when dealing with retirement accounts. We find that after the proposed fiduciary rule, the sales of high-expense variable annuities fell by 52% as sales became more sensitive to expenses and insurers increased the relative availability of low-expense products. Based on our structural model estimates, investor welfare improved as a result of the fiduciary rule under conservative assumptions.

Download or read book Life Annuity Products and Their Guarantees written by Collectif and published by OECD. This book was released on 2016-12-05 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication helps policy makers to better understand annuity products and the guarantees they provide in order to optimise the role that these products can play in financing retirement. Product design is a crucial factor in the potential role of annuity products within the pension system, along with the cost and demand for these products, and the resulting risks that are borne by the annuity providers. Increasingly complex products, however, pose additional challenges concerning consumer protection. Consumers need to be aware of their options and have access to unbiased and comprehensible advice and information about these products.

Download or read book Household Demand for Variable Annuities written by Jeffrey R. Brown and published by . This book was released on 2008 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1990 and 2000, total sales of variable annuities in the U.S. grew from just over $5 billion to nearly $140 billion. These products now account for approximately half of all private market annuity sales. Variable annuities resemble mutual funds, but they qualify for special tax treatment as insurance products because they provide an option to convert to a life annuity. This paper describes the tax treatment of variable annuities and presents summary information on the ownership patterns for variable annuities. It also explores the relative importance of several distinct motives for household purchase of variable annuities. We use household data from the 1998 and 2001 waves of the Survey of Consumer Finances to examine ownership patterns and to test for the importance of tax and insurance considerations in variable annuity demand. We find that variable annuity ownership is highly concentrated among high income and high net wealth sub-groups of the population, although the concentration is lower than for several other categories of financial assets. We find mixed support for the role of tax considerations in generating variable annuity demand, and we outline a set of research issues that focus on household annuity purchases.

Download or read book The Ultimate Retirement Guide for 50 written by Suze Orman and published by Hay House, Inc. This book was released on 2020-02-25 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The instant NEW YORK TIMES BESTSELLER WALL STREET JOURNAL BESTSELLER PUBLISHERS WEEKLY BESTSELLER USA TODAY BESTSELLER #1 PERSONAL FINANCE EXPERT Revised & Updated for 2023 THE PATH TO YOUR ULTIMATE RETIREMENT STARTS RIGHT HERE! Retirement today is more complex than ever before. It is most definitely not your parents' retirement. You will have to make decisions that weren't even part of the picture a generation ago. Without a clear-cut path to manage the money you’ve saved, you may feel like you're all on your own. Except you're not—because Suze Orman has your back. Suze is America's most recognized personal finance expert for a reason. She's been dispensing actionable advice for years to people seeking financial security. Now, in this revised and updated Ultimate Retirement Guide for 50+, which reflects recent changes in retirement rules passed by Congress, Suze gives you the no-nonsense advice and practical tools you need to plan wisely for your retirement in today's ever-changing landscape. You'll find new rules for downsizing, spending wisely, delaying Social Security benefits, and more—starting where you are right now. Suze knows money decisions are never just about money. She understands your hopes, your fears, your wishes, and your desires for your own life as well as for your loved ones. She will guide you on how to let go of regret and fear, and with her unparalleled knowledge and unique empathy, she will reveal practical and personal steps so you can always live your Ultimate Retirement life. "I wrote this book for you," Suze says. "The worried, the fearful, the anxious. I know you need help navigating the road ahead. I've helped steer people toward happy and secure retirements my whole life, and that's exactly what I want to do for you."

Download or read book Annuities For Dummies written by Kerry Pechter and published by John Wiley & Sons. This book was released on 2011-02-09 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why look into annuities? If you’re a Baby Boomer with little or no pension and most of your money in low-interest savings accounts, an annuity may be the key to a secure and comfortable retirement. How can you find out whether an annuity is right for you? Read Annuities For Dummies, 3rd Edition. This completely revised and updated, plain-English guide is packed with the latest information on choosing the best annuity for your retirement needs. You’ll find out exactly what annuities are, whether they’re the right financial vehicle for you, and which of the many annuity options might have your name on it. You’ll learn the ins and outs of using annuities to fund your retirement years, figure out whether to stress investments with insurance or insurance with investments, and find out how the right combination of annuities can help you squeeze more income out of your savings that any other financial tool. Discover how to: Identify the main types of annuities Weigh the pros and cons of annuities for yourself Minimize the complexity and cost of your annuity investment Figure out how much money to commit Avoid common annuity pitfalls Create an income you can’t outlive The time to start securing your financial future is now. Annuities For Dummies, 3rd Edition, gives you knowledge, insider tips, and expert advice you need to make your money do its best for you.

Download or read book Variable Annuities and Separate Accounts written by Roger A. Steinharter and published by . This book was released on 1970 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Fee Structure and Surrender Incentives in Variable Annuities written by Anne MacKay and published by . This book was released on 2014 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: Variable annuities (VAs) are investment products similar to mutual funds, but they also protect policyholders against poor market performance and other risks. They have become very popular in the past twenty years, and the guarantees they offer have grown increasingly complex. Variable annuities, also called segregated funds in Canada, can represent a challenge for insurers in terms of pricing, hedging and risk management. Simple financial guarantees expose the insurer to a variety of risks, ranging from poor market performance to changes in mortality rates and unexpected lapses. Most guarantees included in VA contracts are financed by a fixed fee, paid regularly as a fixed percentage of the value of the VA account. This fee structure is not ideal from a risk management perspective since the resulting amount paid out of the fund increases as most guarantees lose their value. In fact, when the account value increases, most financial guarantees fall out of the money, while the fixed percentage fee rate causes the fee amount to grow. The fixed fee rate can also become an incentive to surrender the variable annuity contract, since the policyholder pays more when the value of the guarantee is low. This incentive deserves our attention because unexpected surrenders have been shown to be an important component of the risk faced by insurers that sell variable annuities (see Kling, Ruez and Russ (2014) ). For this reason, it is important that the surrender behaviour be taken into account when developing a risk management strategy for variable annuity contracts. However, this behaviour can be hard to model. In this thesis, we analyse the surrender incentive caused by the fixed percentage fee rate and explore different fee structures that reduce the incentive to optimally surrender variable annuity contracts. We introduce a "state-dependent" fee, paid only when the VA account value is below a certain threshold. Integral representations are presented for the price of different guarantees under the state-dependent fee structure, and partial differential equations are solved numerically to analyse the resulting impact on the surrender incentive. From a theoretical point of view, we study certain conditions that eliminate the incentive to surrender the VA contract optimally. We show that the fee structure can be modified to design contracts whose optimal hedging strategy is simpler and robust to different surrender behaviours. The last part of this thesis analyzes a different problem. Group self-annuitization schemes are similar to life annuities, but part, or all, of the investment and longevity risk is borne by the annuitant through periodic adjustments to annuity payments. While they may decrease the price of the annuity, these adjustments increase the volatility of the payment patterns, making the product risky for the annuitant. In the last chapter of this thesis, we analyse optimal investment strategies in the presence of group self-annuitization schemes. We show that the optimal strategies obtained by maximizing the utility of the retiree's consumption may not be optimal when they are analysed using different metrics.

Download or read book A Proposal for Marketing Variable Annuities in Hawaii written by Robert Eugene Lansing and published by . This book was released on 1966 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Annuity Handbook written by Darlene K. Chandler and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Annuity Handbook, 4th Edition has been updated with the latest available information on nonqualified annuities to provide a comprehensive look at the most current information on the markets, compliance issues, taxation, and uses of annuities. What's NEW in the 4th Edition: Product Features: Market value adjustments Guaranteed minimum interest rate index Discussion of owner-driven contracts vs. annuitant contracts Bonus annuities Guaranteed death beneftis in variable annuities Uses of Annuities: Trust ownership of annuities Use of annuity payouts and settlement options for retirement income distribution planning Split annuity sales idea Annuities owned by Medicaid applicants/recipients Expanded discussion of annuities and retirement planning to include retirement income distribution considerations Compliance: New suitability requirements for fixed annuities sold to seniors