Article Abstract:
Collecting premium statistics for issuers of individual annuities is difficult because of differing methods of reporting sales. Also, banks sell about 30% of annuities, and their market share is expected to grow. Figures are presented by company for individual deferred annuities written for separate account direct premiums, and for individual annuity direct premiums written in general and separate accounts.
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Article Abstract:
Two hundred and twenty-two separate variable annuity funds are surveyed. The top ten are listed in order of their 12-month change in unit value. The listing for each fund includes its name, total assets, accumulation unit value, percent change, fund manager, the number of transfers allowed each year among accounts and maintenance and asset management fees.
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Article Abstract:
Variable annuities offer the advantages of tax-deferred investing, but policy charges and fees can diminish the performance of annuities. Annuity performance data is compared for average fund charges and for best-performing funds in the annuity. Five-year actual accumulation value and actual surrender value are based on a $50,000 deposit on Sep 30, 1991.
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