TITLE

Gaining Favor

AUTHOR(S)
Panko, Ron
PUB. DATE
April 2011
SOURCE
Best's Review;Apr2011, Vol. 111 Issue 12, p68
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the benefits of single premium immediate annuities (SPIAs), launched by Guardian Life Insurance Co. of America. Guardian's vice president Douglas Dubitsky mentions that Americans think that they cannot get any return form a fixed annuity in low interest rate environment and prefer SPIAs from which they can get a guaranteed income stream. It informs that rates on SPIAs are higher due to mortality return and have significant roles in holistic retirement income planning.
ACCESSION #
60618457

 

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