Hybrid Annuities offered by Several Insurance Companies

0
June 11, 2012
Hybrid Annuities offered by Several Insurance Companies

As the average person has been more and more required to take control of their personal finances, the annuity has been an important tool in stabilizing the portfolios of the individual investor. The annuity has historically been a great investment for those people with dependents and beneficiaries. Annuities usually offer a great deal of...
Read More »

Sales of Variable Annuities Slow in 2012

0
June 8, 2012
Sales of Variable Annuities Slow in 2012

The variable annuity market, following strong growth during the past two years, has stalled significantly in 2012. With a substantial rise in costs due to skyrocketing fees and sliding guaranteed-withdrawal percentages, variable annuities are no longer an attractive option. The average varialbe annuity fee load is now up to 3.65% from its 2010 rate...
Read More »

MetLife Makes Sweeping Change in Strategy

0
June 7, 2012
MetLife Makes Sweeping Change in Strategy

The country’s largest life insurance company, MetLife, announced recently at its annual shareholder meeting its plans to expand globally while getting out of riskier capital-intensive products. This sweeping strategic move will include MetLife refocusing its American business, reducing sales of variable annuities, and pursuing greater international opportunities in countries with a growing middle class....
Read More »

Gold Price Rise after disappointing economic data

0
May 25, 2012
Gold Price Rise after disappointing economic data

While stock markets across the globe have been extremely turbulent over the past few years, those that have invested in gold and other precious metals have found that their investments have continued to provide very strong returns to their investors. Investors typically invest in gold and other precious metals during periods of economic uncertainty....
Read More »

New York Life Announces New Terms for Fixed Annuities

0
May 24, 2012
New York Life Announces New Terms for Fixed Annuities

On April 19, 2012, New York Life announced new terms allocation for its revenue diversification option, the Secure Term MVA Fixed Annuity. The new three-year term provides an initial interest rate guarantee contract and surrender charges only apply for the first three years. This brings the number of fixed annuities to five. The investment...
Read More »

Sun Life take a Fourth Quarter Annuity Loss

0
March 21, 2012

Sun Life Financial Inc is the third largest insurance company operating in Canada. During the fourth quarter of 2011, the company announced a loss of $525 million. The...
Read More »

Sun Life Financial 2011 Results

0
February 20, 2012

Sun Life Financial released their fourth quarter of 2011 and full year 2011 reports on February 15, 2012. The numbers showed net operating losses for the quarter and...
Read More »

When does an Annuity make Sense

0
February 16, 2012

Annuities have been a good investment option for many people for many years since they are a secure way for investors to have a guaranteed income. For maximum...
Read More »

What to consider before buying an Annuity

0
February 15, 2012

If you are looking to protect or possibly even grow your disposable income, the tried-and-true method of an annuity is one of the overall safest methods by which...
Read More »

MetLife Sells Banking Business to General Electric

0
January 10, 2012

MetLife reached an agreement to sell the majority of its retail banking business to GE Capital, the finance division of General Electric, for approximately $100 million. The deal,...
Read More »


Variable Annuities

Variable Annuity Assets Reached All Time Record $1.5 Trillion in 2010

Variable Annuity Assets Reached All Time Record $1.5 Trillion in 2010

The total number of assets placed into variable annuities met their all time high during the year of 2010, accounting for $1.5 trillion. The fourth quarter of 2010 showed an improvement of sales in the industry, growing by a total of 18 percent in comparison with the fourth quarter of 2009. This means that...

Genworth Discontinues Variable Annuities

Genworth Financial Inc has announced that it will no longer be selling either retail or group variable annuities. Genworth variable annuities will not be available for purchase. Genworth, Richmond, Va, will also suspend its sale of combination annuities which are currently linked with insurance for long term care. The company said that the suspension...

Variable Annuity Sales Continue to Climb

Annuities sold by banks had slow but steady growth throughout November, largely due to sales of variable annuities rather than any of the other types. Despite this, the value of fixed annuities continued to drop. Regardless, the total value of annuities increased for the month. Throughout November, a total of 2.6 billion dollars of...

Investing

Japan’s Earthquake May Rattle Gold Prices

The 8.8 earthquake, and the ensuing tsunami, drove gold prices lower early Friday morning....

Alabama Ready to Vote on Deferred Retirement Benefits

Alabama’s Republican-led legislature is ready to vote on a controversial proposal to cut a...

As the dollar continues to struggle in the international market, gold prices remain on...


Annuity News Journal


As every day passes in the United State of America, it becomes more evident that average citizens are becoming extremely aware of what is going on in our country. Every day more and more people are turning to the Internet as a source for their news. Annuity News Journal is dedicated to providing high quality news that pertains to our readers.

Our writers are dedicated to provide all types of news, big and small, political news, investing news, current headline news, financial and personal finance news, and news bulletins of all types. We here at the Annuity News Journal respect our readers and we will only present news that is fair and balanced from all points of view.

To be clear, we are an organization that will be presenting current news, in a bipartisan fashion that will not represent any one particular political group, conservative or liberal, left or right, or any other self-proclaimed organization. We also will not discriminate any minority, age group, sexuality, race, religion or country.



How Our Headline News Content Gets Selected

Estate Planning and Taxes

The Federal Estate Tax Exemption has been changing regularly, The estate tax hit a maximum of $3.5 Million in 2009, and under George Bush was phased out completely, but only for a year. In 2011 unless congress passes new legislation will be reinstated on estates valued at more than $1 million. We will present relevant Estate Planning news and how this will effect you.

Pensions/Social Security News

The Social Security Administration has provided a variety of benefits to countless Americans over the years. However, the Social Security System has long been under Government review and restructuring. The difference between a Pension and Social Security is quite a bit different. Pensions are funded in a multiple ways. Employees can contribute to a pension play as they work for employers and business owners can create a pension plan with different contributing factors.

The biggest difference between a Pension and Social Security, is that Social Security is a government run program with a pension being privately run. Social Security is more of an insurance system with taxes being paid and then Social Security providing benefits later in life. Pensions are an investment system that allow for payouts in your retirement on its accrued value or interest.

Investing News - Stocks, Bonds and Mutual Funds

Investing in a retirement plan can be filled with different investment strategies. Stocks, also called equities, are usually the foundation to most retirement portfolios. Over the years stocks have provided the higher return over other investments. Between the years 1925 and 2006, stocks have increased an average of 10.4 percent per year.

Bonds are considered a safer alternative to stock investments. Bonds are essentially where you become a lender, allowing a corporate or government to issue an IOU for your investment. US Government bonds are guaranteed by the US Government, so they have traditionally been the safest bond investment. Treasury bill usually mature in 3 months while Treasury Notes mature within a year. Treasury bonds however mature over a greater period of time. Historically, long-term bonds have returned an average of 5.4 percent annually.

Annuity News - Fixed, Variable, Immediate, Indexed and Other Annuities

Despite the recent turmoil in the US market, confidence in annuities have remained strong in retirement planners. Almost 8 out of 10 annuity owners stated that owning an annuity has provided a secure and safe investment portfolio. The majority of annuity owners (86%) stated that their annuity purchase was a safe and rewarding investment. More than 3 out of 4 said that they intended to use annuities for their retirement income, to avoid being a financial burden to their children.

Life Insurance and Health Care News

The United States health care system is based heavily on the private health care industry. According to the CDC almost 58% of all Americans have some sort of private health coverage. Public Health care provides the primary source of insurance for senior citizens and low-income households. Other relevant public programs are Veterans Health Services, Indian Health Services, Medicare, Medicaid and State run services.

In just three short years, Medicaid and Medicare will account for half of all US health spending. This massive increase of expense has led to a national outcry for a complete overhaul of the health care system. The insurance industry has lobbied heavily to push their opinions into the national debate. Since the passing of Obama's Health Care bill, the debate has continued and will be a significant debate in the upcoming elections.

Legislation and Governments Changing Role in Investments

Governments involvement in the economy increased drastically after one of the most severe economic downturns in US History, the Great Depression. President Roosevelt passed legislation that he called the "New Deal" to rescue the economy.

Many of the current laws and institutions are a modern version of what emerged from the New Deal legislation. Minimum Wage, Securities and Exchange Commission, FDIC, and Social Security are all from Roosevelt's New Deal.

Even with all of these regulations the United States was ranked number 3, worldwide, in 2007 by the World Bank in ease of doing business. The current US political landscape has made for some rapid changes in the Financial markets. Wall Street bailouts, new laws, current legislation and new Government organizations have changed how US citizens are investing throughout their portfolios.