Annuity Definition

Wharton School of Business PA, Fixed Indexed Annuities Research

Forbes Magazine Interview 6-5-09:

"There is no asset category that outperformed them. We were extremely surprised, really just amazed," says David Babbel, professor emeritus of insurance and risk management, who conducted a study of equity-index annuity returns beginning in 1995.

Here's the study: Wharton School of Business Finds FIA's Competitive