February 21, 2012
A recent study revealed that holders of fixed indexed annuity (FIA) contracts want to keep those policies in force rather than surrender them. In a first-ever report on the subject, Ruark Consulting, LLC of Simsbury, Conn., reviewed data on FIA full surrenders supplied by nine insurance companies between January 2006 and December 2010. Those participating [...]
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February 14, 2012
John Diehl is a certified financial planner and senior vice president in The Hartford’s wealth management business. The GAO, in its June 2011 report to the U.S. Senate’s Special Committee on Aging, helped lift what some viewed as a dark cloud around annuities by making several specific recommendations to help protect or improve retirees’ lifestyles: [...]
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