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Top News In Annuity Market Today - Breaking & Trending Today

insurance companies: Variable annuity products set to enter markets in 2-3 months

The Insurance Regulatory and Development Authority of India (IRDAI) has announced a new rule allowing insurance companies to offer variable annuity plans with a minimum guaranteed annuity amount. This option is available under both group and individual defined annuity products, based on publicly available benchmarks. ....

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Best's Special Report: Private Equity and Investment Managers Continues to Enter Life/Annuity Market

Best's Special Report: Private Equity and Investment Managers Continues to Enter Life/Annuity Market
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'Patchy progress' on government's advice and free guidance efforts

Progress on the government’s ongoing initiatives to encourage retirees to take financial advice or free guidance around pensions planning at the point of retirement is “patchy”, Just Group says. ....

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Savers urged to be wary over widening annuity income gap

Retirees purchasing annuities – so-called guaranteed income for life (GIFL) products – should be wary of falling into a ‘loyalty trap’ that could see them missing out on substantial income in retirement, Just Group says. ....

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Kerry Pechter: How Annuities Fit Into the Retirement Income Puzzle

The author and columnist unpacks the benefits and limitations of annuities in an era of ultralow yields. ....

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