Annuities are like life insurance products in reverse: A client buys an annuity with a lump-sum payment and the insurance firm then pays the client a guaranteed income for the rest of his or her life
The traditional products, combined with an investment strategy, have appeal for some advisors and clients
Deal with Standard Life Assurance totals $13.2 billion
A good place to work often comes with a good corporate strategy, but not always the best payout
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