Topic
Annuities
203 published works
Global Insurance Blog
A chance for second thoughts… Creating a secondary annuity market for the UK
By Felix Dare, Jonathan Russell, Steven McEwan
Since greater pensions freedoms were introduced in April 2015, individuals retiring in the UK have had significantly wider choice where it comes to accessing their pension savings. The choices now…
Banking, Finance and Securities
CP16/22: Pension Wise standards – changes for secondary annuity market guidance
The FCA has published Consultation Paper 16/22: Pension Wise standards: changes for secondary annuity market guidance (CP16/22). In CP16/22 the FCA proposes to make changes to the standards that apply…
Asset Protection Law Journal
Seventh Circuit Affirms Wisconsin Annuity Exemption
By Ken Laino
On July 26, 2016, the United States Court of Appeals for the Seventh Circuit broadly affirmed a Wisconsin statute that makes annuities exempt from a creditor’s judgment. The case -…
Restructuring Globalview
“But Sometimes You Get What You Need” – – Another Decision on Annuity Exemptions
Last week, our post "You Can't Always Get What You Want" discussed a Texas bankruptcy court decision rejecting efforts by debtor Sam Wyly to claim as exempt a number of offshore…
Boston ERISA & Insurance Litigation Blog
Challenging the Department of Labor’s Authority to Regulate the Annuity Marketplace: National Association for Fixed Annuities v. Thomas Perez and the Department of Labor
I wrote yesterday on the first complaint filed, in federal court in Texas, challenging the Department of Labor’s new fiduciary regulations, and then within hours, a second such suit was…
Wills, Trusts & Estates Prof Blog
Understanding How To Calculate The Value Of Annuities
People who make or receive a series of fixed payments over a period of time have what are called “annuities.” This article explains how the present and future values of…
ContractsProf Blog
When Minutes Really Matter
Every time I teach the mailbox rule, I'm amazed by how different the world was not so long ago. Imagine having to wait days to receive documents, instead of seconds via…
Elder Law Prof Blog
Gift Annuity, Sold by CCRC to Resident, is Subject of Unfair Trade Practices Claim in Connecticut
I've certainly seen "unsuitability" claims arising from annuities sold by insurance agents to older persons. In Connecticut, an interesting variation on that theme is the subject of an Unfair Trade…
Wills, Trusts & Estates Prof Blog
Much Confusion Reigns For Those Considering Annuity For Retirement
This day and age the pension has seen a steep decline in popularity as society shifts away from the defined benefit plans and towards defined contribution plans like 401(k)'s or…
Wills, Trusts & Estates Prof Blog
How The DOL Fiduciary Proposals Will Impact The Annuities Industry
Under a new proposal for financial planners created by the Department of Labor (DOL) all advisors and salespersons will be automatically elevated to level of fiduciary. This will mean that…