18 Apr 2017
Posted by Scott White 
Are you talking to your clients about their bank CD's? Below is a quick guide on how some of your older clientele could benefit from an annuity versus a CD. Investment Consideration Non-qualified Guaranteed Annuity Non-qualified CD Level of Risk Low Low Current Interest...
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11 Apr 2017
Posted by Scott White 
Common sense tells us that different clients have different needs. At CPS, we run into all kinds – below are some of the scenarios we encounter regularly and the annuity that best suits it. Short Term Accumulation for 3 – 5 years: For clients looking to reposition a portion of assets out of the market...
Read more → 06 Apr 2017
Posted by Scott White 
In an announcement Wednesday, April 5th, the Department of Labor delayed the Fiduciary Rule for at least another 2 months. This takes the implementation of the rule and its requirements from April 10th, 2017 to June 9th, 2017. In addition to this delay, it was also disclosed on page 55 of the DOL Delay...
Read more → 21 Mar 2017
Posted by Scott White 
On March 2nd, the Department of Labor (DOL) announced a proposal to enact a 60-day delay of the Fiduciary Rule. We favor this delay and welcome it - the constraints the rule presents will negatively impact the ability for advisors to serve their clients and assist them in saving for their future. This...
Read more → 09 Mar 2017
Posted by Scott White 
Here are the top fixed and index annuity contracts we are seeing the most success with for the initial quarter of 2017: Index Annuities: Top 5 Year Contract: S&P500 annual point to point with 5.75% cap BNP Paribas Index with no cap, no spread and 135% participation rate Fixed account...
Read more → 08 Feb 2017
Posted by Scott White 
The accumulation news is in - index annuity caps are up. Over the past few days, carriers have been announcing rate hikes – across the board. Below are the CPS ‘handpicked’ index annuity allocation strategies with strong caps and rates safe for accumulation. Equities Allocations: 5 year:...
Read more → 02 Feb 2017
Posted by Scott White 
Contact CPS today for complete details and state availability. CARRIER PRODUCT A.M. BEST RATING GUARANTEE PERIOD YEAR 1 YEARS 2+ YIELD COMM ISSUE AGES Guggenheim Preserve MYG (250k+) B++ 3 years 2.10% 2.10% 2.10% 1.00% 0-90 Oxford Life MultiSelect 3 A- 3 years 2.05% 2.05% 2.05% 1.00% 0-80 Guarantee...
Read more → 31 Jan 2017
Posted by Matt Henn 
Since 2009, the S&P 500 has returned over 220% – the second longest bull market in US history. The big question is how long will this bull continue to run before we see it come to a halt? A top advisor is having great success with clients when asking them if they want to lock in their gains....
Read more → 26 Oct 2016
Posted by Scott White 
AIG is changing the spreads and caps in their Power Index Annuity series for the better. The coveted Merrill Lynch Strategic Balance Index that benchmarks growth on these contracts has been on a tear with over 6.30% of average yields in the last 10 years, and over 5.80% year-to-date. This volatility...
Read more → 13 Sep 2016
Posted by Matt Henn 
Effective warm calls are not as difficult as they once were. In past lives, it was necessary to create long-winded, fancy scripts - but today, sincerity goes a long way. Showing that you care is a large portion of a successful formula. Prospects have become callused to the “sales person” and the boilerplate...
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