Index Annuities - transfer 4.6 bln stg
Equitable Life to transfer 4.6 bln stg in annuities to Canada Life Forbes - May 11, 2006 LONDON (AFX) - Troubled mutual insurer Equitable Life said it has agreed to transfer its 4.6 bln stg annuities book to Canada Life, in a deal that could pave Some annuities may benefit salesmen more than retirees The News Journal, DE - May 22, 2006 Annuities allow people to shield retirement savings from taxes for years and then receive regular payments, much like a pension. (PZ) CORRECTED: Beacon's `Fixed Annuity Premium Study' Reports Houston Chronicle, United States - May 25, 2006 The corrected first paragraph follows: US sales of fixed annuities reached $16.8 billion in first quarter, 2006, a 0.4% decrease from the previous quarter. Great-West Lifeco acquires $9.3-billion block of UK annuities CBC News, Canada - May 11, 2006 In Britain, the term "not-for-profit" annuities refers to exchanges of lump sums for future income in contracts whose terms are fixed, as opposed to with
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