Annuity Pros & Cons

Discuss the pros and cons of annuities--both on their own merits and relative to other financial products.

Low Consumer Awareness

A story from the UK confirms that consumer awareness of annuities is quite possibly the lowest of any consumer financial services product.

A survey from UK insurer Standard Life indicates that almost half of UK residents do not know what an annuity is.

This is from a country where annuitization has been mandatory or compulsory...

Story comes from the London Stock Exchange:

Return of Capital versus Return on Capital

Interesting piece in Advisor One by Bob Seawright.

Click here to read.

Lifetime Income Options Hearings

The following is a good resource for those who have interest in following the DOL / Treasury hearings on lifetime income options:

DOL Lifetime Income Options

Annuity Cash-Out

A pretty good Consumer Reports article on annuity cash-outs and companies that operate in this area such as J.G. Wentworth can be viewed by clicking here.

 

Compulsory Annuitization

There appears to be some debate taking place in the U.K. at the moment regarding compulsory annuitization.

A BBC article which can be viewed here discusses the issue.

The Case for Variable Annuities

Investment News columnist Darla Mercado has published a very worthwhile article on variable annuities that is similar to some previous posts on Annuity Digest such as the following:

http://annuitydigest.com/news/financial-advisors-defensive-variable-annuities-prove-be-among-best-wealth-management-vehicles-

Top Reason to Buy an Annuity

When all is said and done, what is the top reason to consider an annuity?

Annuities for Younger People

I am in my 30s -- is there any reason I would buy an annuity now? My financial advisor has suggested it.

reverse insurance?

I have heard some describe an annuity as "the opposite of life insurance", what do people mean by that?

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