sell annuity payment
Sat, 17 Jan 2015 19:31:50 GMT
Use caution before selling structured settlement
“But that's not what you will get when selling the annuity,” Stone points out, adding, “because the buyer discounts these future payments by a certain percentage — the Discount Rate — which can range from single digits to well in excess of a whopping 20 ...
Thu, 15 Jan 2015 11:46:06 GMT
For sale: Unwanted annuity
The simplest solution would be that the annuity holder and the insurance company agree to cancel the contract, annuity payments cease and the investor is paid a lump sum by their annuity provider. However, this depends upon the annuity company and the ...
Mon, 12 Jan 2015 19:59:45 GMT
Why Annuities Are Often Sold, Not Bought
However, some annuities have a purpose for some individuals, particularly if they have a critical need for a life-long income stream. For this income stream, annuity buyers pay substantially. But this may be worth it for those who lack a retirement income ...
Sat, 10 Jan 2015 09:55:41 GMT
Steve Webb's hopes for a second-hand annuity market raise the prospect of ...
The Financial Conduct Authority has unearthed evidence of widespread annuity mis-selling and is investigating further. If Mr Webb used his influence to press for a quick conclusion to this investigation – and for redress to be paid where due – that would be a ...
Fri, 09 Jan 2015 15:03:03 GMT
Why the Federal Government Should Sell Inflation-Protected Annuities
Wall Street Journal (blog)
TERRANCE ODEAN: In 1979, most workers who had pensions had defined-benefit pensions, those that pay a steady retirement income as long as you are alive. Today most workers with pensions have defined-contribution pensions, pensions that ...