http://www.annuityfyi.com/ca_compare_annuities.html

This is the best that I found.

It seems like there are always “strings” attached to these benifits, and regardless of how carefully you explain the process, clients never seem to fully understand how they work.

[quote=Gorden Gekko]It seems like there are always “strings” attached to these benifits, and regardless of how carefully you explain the process, clients never seem to fully understand how they work.[/quote]

Truer words have yet to be said…

If clients fully understand investments, history, the economy, and/or financial markets, none of us would ever be able to recommend even a mutual fund.

I'm not apologist for the overuse and sometimes abuse of those things, but the newer bells and whistles seem worthwhile in more cases than I use to think.  "Basically you've got a guaranteed income stream from your principal with the potential for a rising income stream, which will cost you around 2%/yr more than a similar mutual fund.  Which by the way, we can hopefully make up by investing more aggressively than we would if you didn't have the safety net of the insurance (by having closer to 100% equities instead of 60%)."

[quote=Cowboy93]

If clients fully understand investments, history, the economy, and/or financial markets, none of us would ever be able to recommend even a mutual fund.

I'm not apologist for the overuse and sometimes abuse of those things, but the newer bells and whistles seem worthwhile in more cases than I use to think.  "Basically you've got a guaranteed income stream from your principal with the potential for a rising income stream, which will cost you around 2%/yr more than a similar mutual fund.  Which by the way, we can hopefully make up by investing more aggressively than we would if you didn't have the safety net of the insurance (by having closer to 100% equities instead of 60%)."

[/quote]

That's where the value is...being able to invest somewhat more agressively knowing your income is hedged by the insurance companies guarantee.

I personally HAVE started to look away from VA contracts with the 5%, 6%, and 7% GMIB riders in favor of more simpler, easier to understand, lump sum return of principle (or better) VA's.

Allianz High Five is a really good one.  Especially the L share.

I like the GWB thta allow the client to lock in a guaranteed income for life at say 5% and increase that and lock it in every year.  I use ING Lifepay in the ES II

I use one that makes the client a lot of money and pays me 7.5%. Bells and whistles are secondary.

[quote=bankrep1]

I like the GWB thta allow the client to lock in a guaranteed income for life at say 5% and increase that and lock it in every year.  I use ING Lifepay in the ES II

[/quote]

I like that one too.  I think it pays about 7%, Dirk

Could it be you like the simplier Allianz annuities because they pay the highest commish?? I hope not.

I find allianz to be very expensive when compared to other companies