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INDEX COMPENDIUM EXCERPTS
February 2012
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The monthly print edition of the Index Compendium
delivered only by your post office contains 8 pages of information, sales
ideas and advice to help you prosper in the index annuity world. This
website
only shows an article or two from each issue.
Here's what you're missing in
this month's Index Compendium:
*
Annuity Unbundling - Cost
versus Benefit
*
* 500,000
Index Annuity Contracts Purchased - Why The Slump?
*
* The
Most Volatile Stock Market In 40 Years *
*
The Fed: Starving Seniors Since 2008
*
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Range
Of 2011 1st Year Real World Index Annuity Returns
This chart shows the range of actual first year index annuity
returns for 12 month periods ending at the end of each month for 2011. The
results include almost every index annuity on the market in 2010. How to read this: Looking at
January, the worst annual pt-to-pt annuity (blue) returned 3%, the best 12.4%
for the year, and all of the other annual pt-to-pt product returns were in
between. Monthly cap (green) returns ranged from 0% to 9.8% depending on the
product. Top averaging (yellow) returns were generally uncapped and Trigger
(red) are stated rates returned if the index does not decline.
Neasham
New Trial Request To Be Heard 1 February
Glenn Neasham, whose prison sentence was to be determined last 21 December, has
had sentencing delayed again as the judge reviews a request for a new trial. Neasham
was found guilty of one felony count of theft. The case involved the sale of an
annuity to a women that the state alleged was mentally incompetent and alleged
that Neasham knew this. The bizarre part is although no actual money was ever
lost the prosecution argued - and convinced a jury - that the very existence of
an annuity surrender charge was identical to physically stealing the money from
a senior consumer and thus the annuity sale amounted to a theft by fraud. The
hearing for whether there is a new hearing or a prison sentence is now scheduled for
23 February. http://www.record-bee.com/ci_19869272?IADID=Search-www.record-bee.com-www.record-bee.comhttp://www.record-bee.com/ci_19869272?IADID=Search-www.record-bee.com-www.record-bee.com
7
Failed Banks in January
January starts the year with 7 failed banks; Florida and
Tennessee each have 2.
Copyright 1998-201 2 Jack
Marrion, Advantage Compendium Ltd., St. Louis, MO (314) 255-6531. webmaster at
indexannuity.org. All information is
for illustrative purposes only,
does not provide investment or tax advice. No index sponsors,
promotes, or makes any representation regarding any index product. Information
is from sources believed accurate but is not warranted. Advantage Compendium
neither markets nor endorses any financial product.
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