Also, annuity and seg fund premiums increased 21%
Annuity returns can range from disappointing to surprising
Clients may feel they’re leaving money on the table with annuities, but that’s often not the case
The insurer unlocked $2 billion in capital by offloading the bulk of its U.S. variable annuity book
The fund has characteristics of an annuity or pension, with monthly lifetime distributions when investors turn 65
ALDAs would allow payment deferral to age 85
IPP changes, annuities and allocation to redeemers are back on the agenda
The association’s pre-budget submission also asks the government to consider 20-year bonds
Low rates are here for the foreseeable future, but guaranteed income can still work for certain clients
Annual stats from CLHIA show a growing health and life insurance industry