Tuesday, February 06, 2007

 

Equity-Indexed Annuities Sales Take A Hit As Proposed Regulations Seek To Protect Naive Investors

As we know, EIAs offer both guaranteed principle and a guaranteed minimum interest rate and are tax-deferred. But what makes them different from other fixed annuities is that EIAs’ crediting rates are based on S&P 500 Index (or other stock market indexes selected by the company) performance.

Equity-Indexed Annuities Sales Take A Hit As Proposed Regulations Seek To Protect Naive Investors
Source: Insurance News Net

This page is powered by Blogger. Isn't yours?