Those about to retire have had to choose between rock-bottom annuity rates and complex drawdown plans. Not any more Annuity rates have plunged to such low levels that they are not now a “viable option” for millions of savers at retirement.Pensions experts say that “traditional middle-class savers” have been particularly hit by falling rates. Billy Burrows of Better Retirement Group said: “These .. more …
BERRYVILLE, Va., April 20, 2012 /PRNewswire/ –Eagle Financial Services, Inc. (OTC BULLETIN BOARD:EFSI), the holding company for Bank of Clarke County, whose divisions include Eagle Investment Group, announces first quarter 2012 financial results and a quarterly dividend. The Company’s common stock is listed for trading on the Over-the-Counter (OTC) Bulletin Board under the ticker symbol … Continue reading
Though billed as a Russian film noir, Elena skimps on the noir, and more’s the pity. Instead, it’s a disciplined, controlled and ultimately disappointing drama of family tension and murder. The crime does not go unpunished, but the punishment seems mild to the point of nonexistence.Nadezhda Markina plays Elena, second wife of Vladimir (Andrey Smirnov), … Continue reading
The average American will face a 28% income shortfall in retirement, according to a recent survey by Fidelity Investments. And that’s just the broad percentage: In dollars-and-cents terms, Gen Xers will be scrambling to find an extra $1,700 a month to cover living expenses, while baby boomers will fall a whopping $2,100 a month short … Continue reading
WHO’S rich? Occupy Wall Street has its 1 percent answer, of course. A consulting firm that studies the wealthy has a broader definition, based on millionaire status. Many financial planners have a cautionary third answer ” that appearances, and account balances, can be deceiving, and you may not be as rich as you think you … Continue reading
Experience matters. That’s the message that Livingston County district attorney candidate Eric R. Schiener wants Republican voters to focus on when they vote in the GOP Primary, likely in September.Schiener is a long-time prosecutor with the Livingston County District Attorney’s Office, starting there in 1999. On March 2, 2012, he resigned as acting district attorney … Continue reading
In response to the filing of a Complaint on January 12, 2012, by the Department of Enforcement of the Financial Industry Regulatory Authority (“FINRA”), Respondent Robert Joseph Kennedy III submitted an Offer of Settlement dated April 24, 2012, which the regulator accepted. Under the terms of the Offer of Settlement , without admitting or denying … Continue reading
In the realm of personal finance, no word has been dragged through the mud more times than the A-word”Annuities. Yet annuities survive and even thrive. How they do is not a mystery. There is not an outcry on the part of consumers demanding annuity products. The reason for the continued vibrancy of annuity sales is … Continue reading
MINNEAPOLIS–(BUSINESS WIRE)– Allianz Life Insurance Company of North America ( Allianz Life ), and in New York , Allianz Life Insurance Company of New York ( Allianz Life of NY ) today announced the launch of the optional Income Focus rider on Allianz VisionSM, Allianz VisionSM New York and Allianz ConnectionsSM variable annuities , a … Continue reading
NEW YORK–(BUSINESS WIRE)– MetLife, Inc. (NYSE: MET – News ) announced today that it has declared second quarter 2012 dividends of $0.2555555 per share on the company’s floating rate non-cumulative preferred stock, Series A (NYSE: METPrA), and $0.4062500 per share on the company’s 6.50% non-cumulative preferred stock, Series B (NYSE: METPrB). Both dividends are payable … Continue reading