Annuities

Focusing on Retirement Income for Your Clients

Presented by Richard Mangiameli Advisors are very good at accumulating wealth for their client’s but now need to focus on what their client’s want for retirement income.  A recent survey completed by Deloitte Center for Financial Services found that more than 55% of respondents are not confident that their savings and income will support them through retirement.  Additionally, a third of those surveyed with a net worth of at least $1 million and close to retirement age, have not consulted a professional advisor for their retirement needs. Read the attached article from “Financial Advisor” and start focusing on your clients’ retirement needs. Click here for article.  
Annuity

American Equity – Field Updates

AEL Field_Header_Memo
DATE: May 19, 2015
TO: All NMOs and PA Agents
FROM: Jessica Kilker, Vice President – Marketing Services
RE: Bonus Gold Discontinued in PA
  IMPORTANT INFORMATION – PLEASE READ CAREFULLY **Bonus Gold Sales Suspended in Pennsylvania** As required by the state of Pennsylvania, sales for the Bonus Gold (INDEX-1-07-PA) will be suspended effective July 1, 2015. Any Bonus Gold applications received in our office after 4:45 p.m. CST on June 30, 2015 will not be accepted. No exceptions. Pending business will be issued as funds are received. American Equity is committed to providing you with competitive products. The Foundation Gold (ICC11 IDX3) is a great product replacement for the Bonus Gold and includes:
  • 7% premium bonus on all first year premiums
  • 10 year surrender charge and bonus vesting schedules
  • 9 indexed and 1 fixed interest crediting option available
  • 5% penalty-free withdrawal annually, cumulative up to 10%
  • Industry-leading Guaranteed Lifetime Income Benefit Rider
  CLICK HERE for the Foundation Gold brochure. American Equity still offers a variety of other products for Pennsylvania, including:
  • Traditions Gold (ICC11 IDX4)
  • Choice Series (ICC14 IDX8)
  • Benefit Gold (ICC13 IDX7)
  • Guarantee Series (ICC13 MYGA)
  • SPIA-1
**Product Training is required before writing an annuity application**
Bulletins

Symetra – Lower Premiums with LPB Premier Pricing

Lower Premiums with LPB Premier Pricing As if Symetra’s Classic UL with Lapse Protection Benefit premiums weren’t already hot enough, Symetra continues to soar above the competition with their latest LPB Premier pricing.LPB Premier provides lower annual premiums for your larger Classic with LPB cases, with premiums averaging 6-10% less than the No. 2 ranked GUL carrier. And, there’s no additional work on your part. If your clients meet the eligibility criteria, Premier pricing will be automatically applied when you run an illustration.To view more details, click here.