Annuity FYI Endorses Secondary Market Annuities, With Rates as High as 7.75%
A better investment than most fixed-indexed annuities, and an alternative in today's low interest rate environment to standard fixed annuities, CDs, and bonds of a comparable credit quality.
Equity Indexed Annuities 101
The word annuity has its origins in a Latin term that means "annual" Today, an annuity is an investment product sold by insurance companies
Manulife Financial Corporation Reports First Quarter Results
- Net income in excess of $1.1 billion
- Strong capital levels - MLI MCCSR ratio of 250 per cent at quarter
end
- Solid growth in high return businesses - continued focus on strong
margin products and services
- Strong year over year sales growth along with a change in mix to
higher margin products resulted in a substantial increase in new
business embedded value
- Asia insurance sales increased 35 per cent, mutual fund sales in U.S.
and Canada increased 105 per cent and 267 per cent respectively
- Continued to improve equity risk profile through expanded hedging of
variable product guarantees
- Strong investment credit experience relative to m...
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