Morningstar Launches New Variable Annuity Review Tool
May 24, 2012 by Maria Wood
By Maria Wood
May 21, 2012 •
Morningstar, Inc. has launched a new web-based tool that allows financial professionals to easily research and evaluate variable annuity contracts.
Live today, the Morningstar Annuity Intelligence describes features in a variable annuity in simplified terms, says Kevin Loffredi, vice president, annuity solutions, software division, of Chicago-based Morningstar.
“The main purpose of the tool is to have a place for reps, and their compliance departments, to go to to have a clear understanding of how the annuities work,” Loffredi says. Information on an individual annuity contract can be accessed from one central page, he notes. Click here to read more…