Ignored by most, the huge continent offers remarkable rewards for intrepid investors. At the top of the list: excellent growth prospects and unbeatable diversification.
After strong growth in 2010 and 2011, VA sales are expected to slow as products become less attractive, guaranteed-withdrawal percentages slide and fees continue to skyrocket.
Insurer turns focus to tax deferral, alt investments and fee-based advisers
Massive increase in assets since 2008; more complicated offerings cow some
Lousy investment performance apparently drove four clients of a financial adviser in Speyer, Germany, to kidnap the adviser and torture him for four days last week, according to published reports.
Claims agents coached them to tell insurer they were paying for policy premiums when outside parties actually did so
In March, Aviva sued six life insurance agents over Stoli policies sold to 119 members of a church in Los Angeles. Now, those agents have fired back, claiming the carrier consented to the offer of the coverage.
Sales flourishing; meanwhile funds with upfront charges seeing mass exodus
A new study shows that most post-IPO/merger nontraded REITs over the past two decades have badly lagged industry benchmarks. The reason? Hefty fees.
Jackson National Life Insurance Co. will pay $621 million in cash for the life insurance assets of Swiss Re Group's American division
Jefferson National Life Insurance Co. has bolstered its roster of alternative-investment offerings
Returns on Colorado bonds up 5.1% in 2012; economic turnaround the key
