395% implied 3-month yield), with the deferred contracts
flat to a tick higher out the curve.
In the distribution phase, fixed annuities--either immediate contracts or deferred contracts
that have been annuitized--provide a regular income by application of a chosen annuity payout factor to the amount that is converted to an income stream.
LIMRA also reported a four-percent drop in sales of traditional fixed-rate deferred contracts
Most agents will benefit from training in the annuity basics such as living benefits, beneficiary death benefits, taxation, protection under guaranty fund and bankruptcy laws, comparison of different types of deferred contracts
and annuitization options, etc.
Guardian iT lost more than half its value yesterday after it warned investors it would miss full year forecasts as customers reduced their IT spending and deferred contracts
Sales are currently hedged two years in advance at an average price of over $400/oz, predominantly with Spot Deferred Contracts
There is, in both immediate and variable annuities, an annual expense charge of each separate account which impacts the cash value of the deferred contracts
and the amount of annuity payments in immediate contracts.
The group, which manages large scale engineering projects and on-going maintenance contracts, said the profits had been hit by industrial action, deferred contracts
, and "disputed entitlements" with one of its major clients - Railtrack.