Borrowed funds decreased $9 billion, or 12%, primarily due to the maturity of FHLB advances ... reflecting lower annuity sales, partially offset by the benefit of higher average equity markets.
Hosted on MSN28d
The PNC Financial Services Group Earnings Transcript (NYSE:PNC)Borrowed funds decreased $9 billion or 12%, primarily due to the maturity of FHLB advances ... reflecting lower annuity sales, partially offset by the benefit of higher average equity markets.
An annuity is a financial product that can provide a stream of guaranteed income in retirement. But buying an annuity isn’t always as straightforward as it seems. With different types ...
Last year, annuity sales soared to a record-high $385.4 billion in the ... it's difficult to categorize annuities in a ...
The big advantages are mostly for those close to retirement Amy Fontinelle has more than 15 years of experience covering personal finance, corporate finance and investing. Ebony Howard is a ...
"When you think about retirees of the past, many had pension plans from their employers and, through that, a guaranteed income stream," Elle Switzer, director of annuity product management with ...
What is an annuity rate? Buying an annuity involves converting your retirement savings into a guaranteed income. Annuity rates determine how much income you'll get. For example, if you have a pension ...
In recent years, a wave of retiring baby boomers and high interest rates have helped fuel record-breaking sales in the annuity market ... appealing to consumers due to their waning rates.
A fixed annuity is a long-term investment that provides a predictable income stream. Offered by insurance companies, banks and other financial institutions, it guarantees a fixed interest rate and ...
Annuities were shunned for years due to poor rates and restrictive conditions, and after gaining a bad reputation on the back of annuity mis-selling scandals. Now there has been a resurgence in ...
A reverse mortgage is a loan, and an annuity is insurance Matt Webber is ... Your reverse mortgage becomes due when you die, move away, or sell your home. In any of these cases, you must pay ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results