New sales of SunWise Essential seg fund series will still be available through Sun Life advisors
Income payout percentage on Manulife Pension Builder to be reduced
Market conditions have made it difficult for insurers to meet new capital requirements: Bedard
Industry challenged by low rates, market volatility and capital requirements, says Messier
Although guaranteed minimum withdrawal benefit products have mostly cut back on payouts, these funds are still attractive to clients who value security
Survey of boomers finds strong support for retirement income guarantee
Clients gain greater potential to increase their guaranteed retirement income
BMO Capital Markets scholarship aims to advance research in capital markets
More and more financial products offer predictability, but they can be tough to understand and may carry high opportunity costs
The benefits offered by GMWBs aren’t as rich as they used to be, but sales are still strong among conservative investors