Yesterday, the Securities and Exchange Commission (SEC) adopted Rule 498A – the long-awaited variable contract summary prospectus rule. The new rule represents the culmination of years of coordinated ...

Key takeaways Annuity: A long-term contract with an insurance company designed to convert a lump sum or series of payments ...

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Financial professionals who plan on selling closed-ended funds, mutual funds, and variable products must follow a specific career path. They'll take the Investment Company and Variable Contracts ...

Like any market investment, variable annuities (VA) are extremely time sensitive. However, unlike other investments and safe money products, variable annuities don’t seem to recover well at all when ...

Variable insurance has become a key component of individual investors' portfolios, driven by a bullish stock market. Variable insurance is a product where part of the premium is invested in stocks and ...

On March 11, 2020, the Securities and Exchange Commission (“SEC” or “Commission”) adopted a new prospectus disclosure framework, including new rules, rule amendments and registration statement form ...

Historical Prices for Prinicpal Variable Contracts U.S. LargeCap S&P 500 Index Buffer October Account Class 2 Loading.. Charges Copyright © 2026 Insider Inc and ...

Annuities, particularly variable annuities, are unpopular and getting more so every day. However, there are pros as well as cons to these much-maligned financial products, say advisors. Some $2 ...

The annuity contracts that were first offered by insurance carriers over a century ago were relatively simple instruments. They were designed to insure the risk of superannuation, or outliving one's ...