FACT:
Individual annuity owners received $43 billion in benefit payments in 2008.
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Policymakers Urged to Ban Securitization of Life Insurance Settlements |
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The American Council of Life Insurers released a new policy statement urging policymakers to ban securitization of life settlements, which expose senior citizens and investors to an increased risk of fraud. Read the news release. |
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Life Insurance Industry Reacts to President's 2011 Budget Proposal |
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While ACLI recently praised the retirement security initiatives included in the Administration's budget proposal released earlier this week, there are also deep concerns that arise from other provisions that would amount to new taxes on the products that provide security and peace of mind. Read ACLI's most recent statement, issued in conjunction with other associations in the life insurance industry. | |
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Treasury and DOL Request Information on Annuitization |
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In a recent statement, ACLI expressed its pleasure that the Department of Treasury and Department of Labor have requested information on the use of annuities and how they can help individuals achieve peace of mind with a guaranteed stream of income for life. Read the entire statement. |
Financial & Investment Roundtable
Ritz-Carlton Battery Park
March 17-19, 2010 New York City, NY
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ACLI is a Washington, D.C.-based trade association with more than 300 legal reserve life insurer and fraternal benefit society member companies operating in the United States. ACLI members represent more than 90 percent of the assets and premiums of the life insurance and annuity industry. In addition to life insurance and annuities, ACLI member companies offer pensions, 401(k) and other retirement plans, long-term care and disability income insurance, and reinsurance.