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Subscribe to The St. Louis American‘s free weekly newsletter for critical stories, community voices, and insights that matter. Sign up Every so often, a new investment product comes along and attracts ...
Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide steady retirement income.
A proposal to regulate equity index annuities as securities is likely to be approved by the Securities and Exchange Commission, an insurance regulator said today. “I see this as moving through the SEC ...
Are equity-indexed annuities securities or insurance? Ever since the NASD issued its Notice to Members 05-50 in August 2005, this question has been the subject of much debate. And, until it's resolved ...
Delaware Life Insurance Company, a Group 1001 company, announced the addition of the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio, making Delaware ...
Equity index annuities could be regulated as securities if a proposal approved 3-0 today by the Securities and Exchange Commission is finalized. Such annuities — insurance contracts under which ...
Americans love the idea of participating in the stock market, especially when they’re not risking any losses. That is a true win-win, and is the concept driving indexed products to spectacular sales ...
WASHINGTON, Dec 17 (Reuters) - The U.S. Securities and Exchange Commission voted on Wednesday to begin scrutinizing annuities linked to equity indexes, a complex financial product the agency says ...
Like many people her age, Fern Wakulich, 84, needed to get more income out of her modest retirement savings. And, like many elderly widows, the Clearwater, Fla., resident was trusting. Far too ...
Average allocations to annuities rose last year, in part, as a response to the market meltdown of late 2008 and early 2009, as investors sought safer income-like investments. According to a 2010 ...
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