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Savings Annuities

  • May 24- CF Corp, a blank check company founded by veteran dealmaker Chinh Chu, said on Wednesday it would buy U.S. annuities and life insurer Fidelity& Guaranty Life in an all-cash deal valued at about $1.84 billion. The deal comes a little over a month after FGL terminated its agreement to be acquired by China's Anbang Insurance Group Co Ltd for $1.6 billion.

  • *$1.6 bln deal had failed to secure required U.S. approvals. SHANGHAI, April 18- U.S. annuities and life insurer Fidelity& Guaranty Life said on Tuesday it has terminated its agreement to be acquired by Anbang Insurance Group Co Ltd, becoming the latest deal involving the Chinese insurer to have fallen through in recent years. China's non-financial outbound...

  • SHANGHAI, April 18- Fidelity& Guaranty Life, a U.S. annuities and life insurer, said on Tuesday it has terminated its agreement to be acquired by China's Anbang Insurance group. Reuters reported earlier that the Chinese insurer would let its agreement to acquire FGL for $1.6 billion lapse after failing to secure all the necessary regulatory approvals.

  • April 16- China's Anbang Insurance Group will let its agreement to acquire U.S. annuities and life insurer Fidelity& Guaranty Life for $1.6 billion lapse, after failing to secure all the necessary regulatory approvals, people familiar with the matter said on Sunday. While Anbang's FGL acquisition had received clearance from the Committee on Foreign...

  • NEW YORK, Feb 22- Getting financial advice on complicated insurance products is, well, complicated. Most life insurance with investment options, long-term care insurance and annuity products come with a dizzying array of options and many pages of fine print, the merits of which are debatable for your bottom line. "The complexity of some insurance products has...

  • NEW YORK, Feb 22- Getting financial advice on complicated insurance products is, well, complicated. Most life insurance with investment options, long-term care insurance and annuity products come with a dizzying array of options and many pages of fine print, the merits of which are debatable for your bottom line. "The complexity of some insurance products has...

  • NEW YORK, Feb 22- Getting financial advice on complicated insurance products is, well, complicated. Most life insurance with investment options, long-term care insurance and annuity products come with a dizzying array of options and many pages of fine print, the merits of which are debatable for your bottom line. "The complexity of some insurance products has...

  • NEW YORK, Feb 22- Getting financial advice on complicated insurance products is, well, complicated. Most life insurance with investment options, long-term care insurance and annuity products come with a dizzying array of options and many pages of fine print, the merits of which are debatable for your bottom line. "The complexity of some insurance products has...

  • NEW YORK, Dec 15- MetLife Inc expects higher U.S. interest rates to add $300 million to operating profits through 2019, the insurer said in a filing on Thursday. The New York- based company, which provides life insurance, annuities and employee benefits, detailed anticipated benefits from higher U.S. interest rates in an 8- K filing with the U.S. Securities and...

  • Dec 9- Shares of Athene Holding Ltd jumped as much as 9.2 percent in their debut on Friday, valuing the fixed annuity service provider at about $8.25 billion in the year's largest financial IPO. Bermuda- based Athene, which is backed by private equity firm Apollo Global Management LLC, said on Thursday that 27 million class A shares had been priced at $40 each.

  • Dec 8- Fixed annuity service provider Athene Holding Ltd said its initial public offering of 27 million class A shares raised $1.1 billion after the offering was priced in the mid-point of its expected range, valuing the company at about $7.41 billion. The company had expected the IPO to be priced at between $38 and $42 per share. The company will make its market...

  • Chart, increasing, financial advisor

    Many financial advisors agree you have to be careful with so-called annuity illustrations that seem too good to be true.

  • Caution ahead

    Retirees' search for safe income is leading to some new and risky products. Get ready to do your homework and ask questions.

  • Retired couple

    The days of company pensions are long gone for most workers; that is why investing in an annuity can be an appealing strategy for retirees.

  • Investors hand over $40 million

    Hundreds of clients trusted one woman running an annuity investment business, but she was running a scam, reports CNBC's Andrea Day.

  • Retire well: How to not outlive your money

    CNBC's Sharon Epperson talks about annuities and how it will help with your retirement saving.

  • Senior couple working in cafe

    With the median account balance under $19,000, 401(k) plans are failing as a safety net. Here's what happened.

  • New Retirement Calculus Gives New Life to Tricky Annuities

    For years, Americans found a lot to dislike about annuities, calling them complicated and expensive. Though some experts say not that much has changed about the insurance product, fundamental changes in the average American's financial outlook have given new life to annuities.

  • Cash in a trap

    After suspending further contributions, Prudential Annuities will likely be paying out far less than policyholders had expected.

  • retirement-accounts-closeup-200.jpg

    With more people worried about the finances of retirement, the concept of a guaranteed income stream for life  is gaining in popularity.