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Friday April 18th 2014

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Posts Tagged ‘Annuity Guarantees’

New Annuity Guarantees Raise Questions

New Annuity Guarantees Raise Questions

The latest products from insurers are less expensive. But regulators—and consumers—remain wary. With millions of baby boomers headed to retirement without old-fashioned pension plans as safety nets, here is a product that would seem to have big appeal: a guarantee of lifetime income from a portfolio of ordinary mutual funds—however long the [...]