Hints and tips:
Related Special Reports
...The pair had partnered in a multibillion-dollar unsolicited takeover attempt of annuity specialist American Equity Investment Life, which the latter fended off....
...Pete Cowell, head of annuity products at Standard Life, says 65 is the average age of purchase. “There’s not a huge trend to later life annuitisation but it is creeping up.”...
...The advantages of annuities are certainty, simplicity and security — the value of having a known income for life....
...The Iowa-based company is among the largest sellers of retirement annuities, a status that made it the target of a hostile bid made jointly by Apollo Global Management and MassMutual not long after Bhalla...
...In 2019 Standard Life was fined £30mn for mis-selling annuities to customers over the phone between 2008 and 2016....
...capital, it’s possible to buy a purchased life annuity (PLA) using a cash lump sum....
...Private capital investors have acquired more than $900bn in life and annuity assets in western Europe and North America, according to McKinsey & Company....
...Canada Life reported annuity sales doubling to £441mn in the first half of the year, compared with the same period in 2022....
...Regulatory scrutiny of the special risks presented by private equity ownership of life insurance companies has climbed, after Italy’s Eurovita — another life insurer majority owned through Cinven funds —...
...and bulk annuity sales....
...Yet even in American companies, reported Gallup last year, “only about 30 per cent of employees are truly engaged....
...In particular, it has pioneered the practice of creative debt investing using life insurance premiums as a base....
...Among new details of his long-standing double life is that Marsalek subsequently took shelter in Moscow having adopted the identity of an orthodox priest....
...Here he speaks with HTSI editor Jo Ellison about Sha’s roots in Alicante, Spain, scaling up with new openings in Mexico and Abu Dhabi, and life on the longevity frontier. Can 100 be the new 60?...
...But it loves the section that includes $59bn of retirement annuities. It has its own ideas on deploying these....
...Asset managers Schroders and ICG have received £250mn in government funding to launch new funds for UK life sciences and technology companies, the government said.The so-called long-term investment for technology...
...But “the clock is not running out”, said Jack Wallace from Guggenheim Securities....
...It works not because of superior algorithms or supply chains but because companies can mobilise millions of workers on low pay and long hours....
...It’s used in environments such as fast-food chains, where companies don’t want people to linger,” says Ramstedt....
...So it’s perhaps no surprise that insurance companies are reporting much bigger sales of annuities....
...The company said the deal would “unlock new audiences and revenue streams”....
...Chinese superapps began earlier and are far more embedded into the fabric of daily life, wrapping in messaging, finance, shopping, gaming and almost anything else....
...Royal London, another UK life insurer, said Friday it would enter the bulk annuities market in earnest....
...Modi will win a third term, which will put him in the company of Jawaharlal Nehru, India’s independence leader and co-author of the secular India that Modi is so busily dissolving....
...Sea Life said: “The welfare of all the animals is of paramount importance to us at Sea Life and we are committed to delivering the highest levels of care through our team of dedicated welfare experts, both...
International Edition