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Latest News

Advanced Sales Corp. Released From SEC Civil Suit

– The Chicago-area research firm had been a 'relief defendant' in a $2.8 million investment fraud complaint against its president's former husband.

Back-to-Back Bear Markets Would Justify GLWB

– A “living benefit” rider could make sense under severe market conditions, according to an article in the May 2008 issue of the Journal of Financial Planning.

Hartford Simplifies Its VA Product Line

– The new Leaders variable annuity combines features of the Leaders Suite and the Director M Suite.

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Features

New Product Issue

– The idea of taking income tools out of the annuity context and applying them in new markets is the order of the day.

The Big Un-Easy

– This spring, four major insurers and a global asset manager jumped into the 401(k) market by offering group annuities that provide guaranteed lifetime withdrawal benefits.

The Fund Empires Strike Back

– The big fund companies, concerned about losing assets when Baby Boomers convert their savings to income, have developed non-guaranteed income vehicles to prevent the bleeding.

With GLWBs, Insurers Play Follow the Leader

– Most of 2008s new GLWB riders more or less matched the 7%-a-year 10-year roll-up that Prudential, ING, Nationwide and others introduced in 2007.

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RIR People Database

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Bruce Harrington

Managing Director

Firm: Cogent Research

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Current Issue

New Product Issue

A variable annuity product developer noted a while ago that if Baby Boomers don't come to his product--the guaranteed lifetime withdrawal benefits, or GLWB--then he'll take his product to them. A lot of his industry colleagues seem to have had the same thought.

Current Issue

RIR Poll

From a financial industry perspective, who do you think would make the best president of the United States?




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