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11/29/2008 News For:

Axa Annuity


At Age 85, AXA's VA Owners Can Swap GMIBs for GLWBs  AXA Equitable Life has redesigned its long-running Accumulator variable annuity so that certain 85-year-old contract owners have a choice other than annuitization.

Michigan Man Admits to Collecting Annuity Checks After Deaths of Parents  One of three brothers accused of cashing annuity checks that were supposed to end when their parents died has pleaded guilty to federal charges of conspiracy to commit mail fraud and money laundering.

Today in the pess  MINISTER SAYS PENSION HOLDERS MAY BE ALLOWED TO DEFER BUYING ANNUITY - The Department of Finance is 'very sympathetic' towards people who are retiring shortly on defined contribution pension schemes, says the Irish Times.

Man pleads guilty to collecting dead parents' annuity money  Donald Tremain Jr. GRAND RAPIDS -- A Kentwood man acknowledged Monday that he assumed his late father's identity so he and two brothers could collect $400,000 in annuity payments that were supposed to end upon his parents' deaths in the...

Positive signs cheer the housebuilders  Housebuilders were back in fashion as London's blue-chip index rose by 1.8pc. Beleaguered Taylor Wimpey , which is in survival talks with its banks about reducing its huge debt pile, rose 4.2 - or 73pc - to 10p.

European markets rise as economy fears ease - European commentary  RTTNews - The European markets rose Thursday on speculation that government efforts to prop up banks and the economy will yield results.

Life offices must "renew their efforts" on OMO  The Government has announced that life offices must ���renew their efforts��� to ensure that people reaching annuitisation shop around for the best deal. ...

Insurers Retooling Annuities to Offer Less, Charge More   Insurance companies are beginning to retool variable annuities to offer less-generous benefits, possibly at higher costs.

Financial consultants join Shelby Savings Bank  SHELBY - Richard Peek and Madeline Clas have joined Shelby Savings Bank as financial consultants."We are very pleased to have both Richard and Madeline join our team," said Frank Beam, Chairman of Shelby Savings Bank.

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