Archive for June, 2008



Watch these money don'ts - Detroit Free Press

Friday 27 June 2008 @ 2:06 am
Watch these money don'ts
Detroit Free Press, United States -Jun 23, 2008
The sales pitch is that you can buy and sell the funds inside the annuity as much as your heart delights and have no tax bill while the money is invested.

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Commentary: Consumers more at risk from financial scams as stocks … - Wall Street Journal

Friday 27 June 2008 @ 2:06 am
Commentary: Consumers more at risk from financial scams as stocks
Wall Street Journal -11 hours ago
In many cases, these can be complex equity-indexed annuity products or variable annuity deals, but not too long ago it was simply tilting a portfolio toward

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Unemployed People with Disabilities Offered Flexible Employment … - Free Press Release Center (press release)

Friday 27 June 2008 @ 2:06 am
Unemployed People with Disabilities Offered Flexible Employment
Free Press Release Center (press release), Canada -15 hours ago
their gross sales when they sell six or more listings in a month. They will also continue to earn an annuity on each business that relists every year.

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Harbin Electric Announces Common Stock Private Placement - SunHerald.com

Friday 27 June 2008 @ 1:06 am
Harbin Electric Announces Common Stock Private Placement
SunHerald.com, MS -14 hours ago
This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer,

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Closing of offering of Subordinated Debentures - Canada NewsWire (press release)

Friday 27 June 2008 @ 1:06 am
Closing of offering of Subordinated Debentures
Canada NewsWire (press release), Canada -19 hours ago
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State

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The Law Offices of Brandon S. Reif Files Lawsuit on behalf of … - Insurance News Net (press release)

Friday 27 June 2008 @ 1:06 am
The Law Offices of Brandon S. Reif Files Lawsuit on behalf of
Insurance News Net (press release), PA -18 hours ago
that the defendants inveigled the senior citizen victims to sell their securities retirement portfolio and to then purchase equity-indexed annuities,

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AIG Poised to Absorb $5 Billion Losses From Securities-Lending - Bloomberg

Friday 27 June 2008 @ 1:06 am
AIG Poised to Absorb $5 Billion Losses From Securities-Lending
Bloomberg -3 hours ago
In addition to the $9 billion in unrealized losses, AIG and its 12 insurance and annuity units that participated in the securities-lending pool incurred

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SEC Proposes Rule to Protect Senior Investors - Planadviser.com

Friday 27 June 2008 @ 12:06 am

Planadviser.com
SEC Proposes Rule to Protect Senior Investors
Planadviser.com, CT -15 hours ago
Equity-indexed annuities, or investments insurance companies sell to the public, were first introduced around 1995, and have surged in sales.

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Spend in retirement, or leave something for the heirs? Maybe you … - Boston Globe

Thursday 26 June 2008 @ 11:06 pm
Spend in retirement, or leave something for the heirs? Maybe you
Boston Globe, United States -Jun 25, 2008
The Milliman study was commissioned by NAVA, whose membership includes insurance companies that sell annuities. "Milliman does not intend the results to

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SEC may extend authority to annuities - DesMoinesRegister.com

Thursday 26 June 2008 @ 11:06 pm
SEC may extend authority to annuities
DesMoinesRegister.com, IA -22 hours ago
"We're going to be able to sell registered products," he said, adding that it should have no impact on employment at the company, which has 900 employees

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