Bank-Sold Annuities Hit Decade Low
Bank-Sold Annuities Hit Decade Low
In 2010, total annuity sales through banks hit lows not seen since the turn of the 21st century, according to a recent report from Kehrer-LIMRA. For the second straight year, bank sales of annuities in 2010 posted a 25 percent decline from 2009, after falling 18 percent the prior year.
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Equity-Indexed Annuities: A Costly Way To Limit Your Losses
Strong recent results mask plenty of pitfalls.
Read more on Forbes
Challenger wins Income Stream Innovation Award for Liquid Lifetime
Challenger recently won the AFA/Plan for Life ‘Income Stream – Innovation’ Award 2010. The award follows the launch of Challenger’s Liquid Lifetime annuities which offer guaranteed income for life and a withdrawal benefit for the first 15 years.
Read more on Money Management
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