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Local teachers tied to failing AIG, face rising insurance costs - Munster Times

Local teachers tied to failing AIG, face rising insurance costs Munster Times, IN - 9 hours ago Many schoolteachers across the country, including those in Hammond and East Chicago , invest in annuities offered by The Variable Annuity Insurance Co. ...
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Life Insurer Retirement Products Boost Market-Induced Pain - CNNMoney.com

Life Insurer Retirement Products Boost Market-Induced Pain CNNMoney.com - 19 hours ago CHICAGO -(Dow Jones)- Variable annuities , whose sales fueled profits at life insurance companies in recent years, are turning into a bust in the slow-motion ...
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Losses highlight risks of retiree-aimed funds - Newsday

Losses highlight risks of retiree-aimed funds Newsday, NY - 8 hours ago Variable annuities are subject to market risk, fixed annuities carry issuer risk and cash investments carry inflation risk. A hodgepodge of stocks and bonds ... Despite a slump, experts high on target date funds InvestmentNews Pros and cons exist for target-date funds Akron Beacon Journal all 12 news articles
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Professionals offer advice to jittery investors (Wilmette Life)

With the current turmoil in the financial markets, we asked four local financial advisors what investors should or should not be doing: Scott Reighard of Baird Investments, Lisa Ditkowsky with LPL Financial, Sharon Oberlander a financial advisor for Merrill Lynch and Josh Kadish, owner of Retirement Planning Group offered this advice.
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