Category: Annuity News

Reliance Standard Immediate Rate Increase!

Strong Rate Environment Continues to Benefit Your Clients Effective immediately, Reliance Standard has raised interest rates for their fixed and indexed products.  The announcement can be found here: Reliance Standard Rate Increase June 2018.             Something to note: S&P 500 participation rates are up 6% across the Keystone lineup.  The Keystone fixed accounts now sit at 3.25% fro the 5 and 7 year versions, while the 10 year is paying 3.30%. The Eleos MVA 5 year fixed annuity rises from 3.15% to 3.30%. For our advisors who have business in pending status, your clients will get the new higher rates as their contracts issue. Call or email us for illustrations and updated product...

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Have Your Clients Heard About Annuities and Become Confused?

June is Annuity Awareness Month It’s easy to understand the confusion and misconceptions surrounding annuities. On the one hand, Ken Fisher’s money management firm runs national ads bashing all annuities. On the other hand, seminars are held telling people the only way safe way to “invest” is fixed annuities. Since fixed annuities aren’t investments but rather guaranteed insurance products, those pitches too are misleading. Instead of pontificating on all the ways annuities are designed to help along with the limitations they may impose, I offer you the opportunity to review the Coalition for Annuity Awareness website. The link is HERE and below. Within this website you will be able to review the fundamentals of fixed annuities including traditional, fixed indexed and income annuities. There are also explanations of variable annuities, sequence of return risk and even the various state guaranty associations. You can send the link to your clients as this is the consumer version (registered representatives should always defer to compliance personnel) . I’m a firm believer in educated clients. At the same time, I abhor the use of fear and bashing of any product as a way to “make a sale.” Annuities are not the right fit for every client. Neither are mutual funds, REITs, individual stocks, municipal bonds, etc.  Education however is always the right fit for our clients. And we as agents and advisors must...

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New Product Launch – No Fee Rider for Income and Legacy

Open new doors with Athene Agility.  Athene’s newest fixed indexed annuity! Launching today! Help clients open doors to retirement possibilities.  Athene Agility is designed to deliver strong income and growth potential plus liquidity.  This versatile product includes a built-in Income and Death Benefit rider at no additional charge. Athene Agility’s market-leading product design opens the door to… Agile income… with the potential for annual increases Income payments may increase each year depending on the performance of your client’s chosen index strategies Increases are locked in and cannot be lost regardless of future index performance Income payments guaranteed for life Agile growth… with protection from loss due to market downturns Indexed interest crediting strategies feature indices exclusive to Athene 0% floor with locked-in gains 25% initial bonus boost to the rider Benefit Base 175% market-leading stacked growth to the Benefit Base Benefit Base continues growing after income has started, growing the value of the Rider Death Benefit Agile liquidity… for help with the unexpected Up to 10% penalty-free withdrawals based on Accumulated Value or initial premium, whichever is greater Enhanced Income Benefit at no additional charge Built-in Rider Death Benefit – beneficiary receives the full remaining value of the rider’s Benefit Base in annual payments Hit the ground running.  Start opening doors for your clients...

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Lincoln Rate Increase – 5 Year Now #1 in A+ Space at $100,000 and Up!

Carriers Continue to Pass Higher Rates to Clients Lincoln has raised rates in 3 of the last 4 months!  See a snip below of their new rates effective Monday for their OptiBlend series.  Remember that i4Life can be used with the 7 and 10 year versions.  If you have an active case and need indexed for accumulation or want to discuss i4Life, call David Smith about...

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