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Insurers create fixed-rate deferred annuities, which resemble certificates of deposit, but offer higher yields on average thanks to the broad portfolio of investments insurance companies hold.

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Adviser requests for annuity quotes is continuing to rise and will do so over the coming months as savers seek security. This is the view of Standard Life’s Pete Cowell, head of annuities ...

Canada is expected to present a settlement offer this week to First Nations of Robinson Superior treaty territory in a longstanding case involving annuities owed to the Anishinaabe on the northern ...

My pension pot is £70000 from which I have already taken the 25 per cent a few years ago. I can now buy a yearly annuity of £5100 pa if I include my husband who is 65 next April for him to receive a ...

The "record" annuity sales of 2024 are likely to continue into 2025, according to Sri Reddy, senior vice president of Retirement Income Solutions at Principal Financial Group. "Higher interest ...

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What happens when an annuity owner or annuitant dies? Ariel Courage is an experienced editor, researcher, and former fact-checker. She has performed editing and fact-checking work for several ...

insurance, annuity sales come Jan. 1 California’s new best-interest insurance sales bill (Senate Bill 263) could bring chaos to consumers and agents come Jan. 1.

A new survey from TIAA points to a rising tide in demand for lifetime income products within DC plans, though a lack of understanding among employers could slow the wave. The survey, conducted by ...