Finance

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 the year. The fourth quarter loss was reported at $221 million, while the yearly operating loss was listed at $525 million for calendar year 2011. Despite...
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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 returns, however, it is important to purchase and receive payments from an annuity at the right times. Annuities are usually a good place to put money...
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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 to accomplish this. As all annuities have a guaranteed minimum interest rate by definition, you are protected from the short-term down swings of the market. Depending...
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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, which will involve $7.5 billion in customer deposits, will allow MetLife to escape the reach of the Federal Reserve, which has considerable regulatory power over banking...
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The stock market has been bouncing up and down with prices fluctuating like crazy, but have we seen the peak price for gold? If you told someone ten years ago that the current gold price was going to skyrocket and more than quadruple, they’d have looked at you like you were nuts. And they...
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Diversification of investment assets, it seems, is not only a prudent strategy for individuals but also for those of governmental central banks. In particular, many central banks are seeking to diversify their portfolios by purchasing increasing amounts of gold. During the first seven months of 2011 central banks had already increased their gold purchases...
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ING recognized that more people conduct their personal business through their personal tablet PC and smart phone. The company has introduced a program called iEnroll that allows employees to sign up for the companies annuity and retirement plans. iEnroll was devised to allow employees the opportunity to quickly sign up for retirement programs offered...
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More than $8 billion were paid in long-term disability claims in 2010, a figure that seems to indicate a correlation between a weak economy and the rising number of disability applications filed by Americans. According to a report released by the Council for Disability Awareness (CDA), insurance companies made payments to more than 587,000...
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Many people do not have a pension coming to them at retirement, but there is a smart way to use annuities to create a pension. Annuities have undergone changes for the better in the last few years. With all of today’s debt ceiling worries, it is smart to have financial goals and plan for...
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LifeReserve® Indexed UL, created for the purpose of accumulating assets together with life insurance protection, was recently introduced by the Philadelphia-based Lincoln Financial Group. With $164 billion in assets under management as of July 1st, 2011, Lincoln Financial Group hopes to further increase their already extremely profitable businesses: annuities, disability, life, and group life...
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