- 11,208
Re: New York Life Interview Later This Week, What Questions to Ex
Yeah Lincoln is nice for NQ.
And I have mixed feelings about being forced into the bond funds. From an agent and consumer standpoint I dont like it. From a company standpoint I kind of understand it. It helps them hedge their risk a bit more.
Pac Life just needs to get their sh#t together!!!!
They actually came out last year with a very nice FA that had a money back guarantee (they copied NYL on that one) then a couple months later they pull it off of the market!!! WTF??? And dont even get me started on their VA debacle. I dont even pick up the phone when they call me anymore.
JNL has a great investment option .... the name escapes me at the moment, but its true independently managed money.
The managers have a great track record on performance (around 10 or 12 percent over the last 10 years). And its 100% discrecionary on their part. They can go to 100% cash if they feel the need!
This helps to solve the major malfunction of modeled portfolios. If a whole sector goes to hell, by law they have to stay in that sector to the percentages stated in their prospectus! This is why ALL mutual funds lost their ass in the 08 crash!
Plus for age 60 and up their income riders cant be beat.
Pru's annuity looks good on paper, but the stuff you into a bond fund or fixed account mess is a major wait a minute for me. And the sub accounts suck.
Pac Life imploded unfortunately
Lincoln has an ok annuity, niffty for non Q money...if you can find a situation where placing non Q money in an annuity really makes sense.
Still, JNL is the clear winner for me.
Yeah Lincoln is nice for NQ.
And I have mixed feelings about being forced into the bond funds. From an agent and consumer standpoint I dont like it. From a company standpoint I kind of understand it. It helps them hedge their risk a bit more.
Pac Life just needs to get their sh#t together!!!!
They actually came out last year with a very nice FA that had a money back guarantee (they copied NYL on that one) then a couple months later they pull it off of the market!!! WTF??? And dont even get me started on their VA debacle. I dont even pick up the phone when they call me anymore.
JNL has a great investment option .... the name escapes me at the moment, but its true independently managed money.
The managers have a great track record on performance (around 10 or 12 percent over the last 10 years). And its 100% discrecionary on their part. They can go to 100% cash if they feel the need!
This helps to solve the major malfunction of modeled portfolios. If a whole sector goes to hell, by law they have to stay in that sector to the percentages stated in their prospectus! This is why ALL mutual funds lost their ass in the 08 crash!
Plus for age 60 and up their income riders cant be beat.