Variable Annuities Characteristics

SECURITIES AND EXCHANGE COMMISSION And Notice Is Hereby Given ...
Variable annuities have begun to increase recently, and NASD will continue to monitor sales practices relating to these products. the characteristics of the products. On a number of occasions, associated persons recommended that customers exchange one deferred ... Read Full Source

Pricing And Risk Management Of Variable Annuities With ...
Variable annuities have become one of the top success stories for the life insurance industry in the last decade. Although they share similar option-like characteristics with GMDB, GLBs differ from GMDB in the way the options are utilized. ... Access This Document

A Consumer Guide To Annuities
Characteristics . types of Annuities there are two basic types of annuities – fixed and variable . in a fixed annuity, the insurance company guarantees that you will earn a Variable annuities offer the chance to earn greater returns than the typical fixed ... Doc Viewer

Special Issues For Variable Annuities ...
Variable annuities that include fixed and market value adjusted account options have the added investment risks typically associated with those options. which, due to its cash flow and duration characteristics, may be particularly suited to this treatment. ... Fetch Doc

Korean Variable Annuities Market - Milliman.com
The net assets of variable annuities as of Q2 2009 for those three countries are summarized in the table in Figure 5 (on page 7). Based on the characteristics of Korean VA products, we analyzed the significance of risks embedded ... Fetch Doc

Investment Horizon, Capital Protection, And Risk-Taking ...
Not share the characteristics of variable annuities described in section 3. We include this definition for completeness and comparison. VAF2 are funds with at least one variable annuity account. VAF3 are funds in which the aggregate TNA of variable annuity ... Fetch This Document

Annuities - Quotit IPro
And variable annuities. There are several variations on them. Fixed Annuities guarantee that your money will accumulate at a minimum specified rate of interest. Other types of deferred annuities combine the characteristics of fixed and variable annuities. ... View Full Source

2004 Annuity Training Outline - California Department Of ...
Distinguish between the characteristics of fixed, indexed, and variable annuities III. Identify the parties to an annuity 7% A. Describe the rights and obligations of the annuity owner 1. Identify the entities eligible for annuity ownership 2 ... Doc Retrieval

EXAMINATION CONTENT OUTLINE
Variable Annuities Assets in a Separate Account Free Look Contract Charges Sales Charge Deferred Sales Charge Plan Types, Characteristics, and Purchasers Simplified Employee Pensions (SEPs) Self-Employed Plans (HR 10 or Keogh Plans) ... View Document

Research Note: 'DB In DC': Deferred Annuities In Defined ...
Varying risk and return characteristics). Besides offering exposure to a given asset class, deferred Variable annuities are long-term vehicles designed for retirement purposes and contain underlying investment portfolios that are subject ... Return Document

Eight-Hour Annuity Training Outline - California Department ...
Distinguish between the characteristics of the two types B. Annuity type according to how and when premiums are paid 1. Define single premium annuities D. Identify and discuss variable annuities 1. How they are sold and lLicense requirements (e.g. prospectus) a. Prospectus ... Access This Document

Annuity Answer Booklet
While variable annuities have the potential to provide high returns, they differ from fixed products decision, be sure to reacquaint yourself with all the positive characteristics of a fixed annuity — it’s about much more than the rate! ... Access Content

Morningstar Annuity Analyzer - Morningstar Stock, Mutual Fund ...
Benefit characteristics, compare them side-by-side, and generate client-friendly, FINRA-reviewed presentations and reports. the appropriate variable annuities for your clients. For annuity exchanges, it identifies the results of changing ... Access This Document

Common Practices Relating To FASB Statement 133, Accounting ...
Are the characteristics of an embedded derivative? Financial Accounting Standard 133 (FAS 133) establishes accounting and reporting standards for derivatives. variable annuities with non-traditional features, such as certain benefit guarantees, do . 4 ... Visit Document

Variable Annuities - Issues Relating To Dynamic Hedging ...
Variable Annuities, Dynamic Hedging, Regulatory capital, Liquidity risk 1. the characteristics of the financial instruments and the quantity to buy. The next two requirements allow a secure implementation of the strategy once it is defined. ... Return Doc

Understanding Variable Annuities
Variable annuities are generally not suitable for meeting short-term liquidity needs as the additional cost of unexercised protection risk/ reward characteristics. These models may manage volatility to mitigate the insurer’s guarantee obligations by potentially ... Access Doc

FINRA Investor Alert: Should You Exchange Your Variable Annuity?
Variable annuities that were not suitable for them. Equity-indexed annuities (EIAs) have characteristics of both fixed and variable annuities. Their return varies more than a fixed annuity, but not as much as a variable annuity. So EIAs give you ... Fetch Document

Variable Annuities - Modeling Issues
Variable annuities in the opinion for several reasons, the first of which is risks such as fixed account options products that have characteristics such as a fixed account option, surrender charges that decrease by more ... Read Content