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Archive | May 3, 2013

Retirement Living Expenses

In a recent 2011 survey conducted by the Society of Actuaries, researchers found that 83% of retirees say they want to eliminate all consumer debt, while 76% say they want to cut back on their expenditures.   This can be difficult to do, however, and those approaching retirement may find the sting of reducing their expenses  Full Article…

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Insurance Carriers Adopting E-Applications

One of the common trends we have been seeing is more and more insurance carriers going digital.  Just this week, Celent, a research advisory unit of the management consulting firm Oliver Wyman reported approximately 55 percent of life insurance companies have adopted or are in the process of adopting e-applications for some of their products.   Full Article…

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Allstate Offering AXA Annuity

We have all seen the commercials, and probably all know the tagline; “You’re in good hands with Allstate.”  When we think of Allstate, we probably think about them for our car insurance more than anything.  Well Allstate is expanding that perception by now offering one of AXA Equitable’s most competitive retirement income products.  According to  Full Article…

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Athene sells Aviva’s Life Business

Athene is in the process of selling off the Life Insurance division of Aviva USA to Commonwealth Annuity and Life Insurance Company.  What’s interesting about this move is that Athene is still in the process of completing the acquisition of the purchase of Aviva.  Athene CEO, Jim Belardi stated “Athene’s focus is becoming the leader  Full Article…

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