Results for "fixed annuities"

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Fixed-annuity sales zoom in second quarter

August 25, 2008

Fixed-annuity sales hit an estimated $24.6 billion during the second quarter, up 54.1% from the second quarter of 2007, according to Beacon Research. Book value annuities, which pay a declared rate of interest for a specified period, brought...

ING announces fixed index annuities

December 19, 2007

ING USA Annuity and Life Insurance Co. has introduced the ING Envoy Fixed Index Annuity family of products. This new line of fixed index annuities gives customers “windows of opportunity” in which they can withdraw from the policy without...

Fixed-income annuities get thumbs up

November 12, 2007

Using a fixed-income annuity in a retirement income account resulted in greater long-term wealth for an investor than a portfolio of equity and bond investments — even in an “up” market, according to a study released today. MassMutual Financial...

Citigroup snaps up Carlton Hill

October 31, 2007

Citigroup Inc. has announced plans to buy Carlton Hill Global Capital LLC, a New York-based fixed-income money manager, according to published reports. Citigroup, the United States’ largest bank, suffered a $5.9 billion write-down in the third...

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