Jan 05

Mutual Funds vs. Annuities vs. Structured Settlements

An investment fund is a way for you for a small sum of money that might not be able to diversify elsewhere. Small investors generally invest in mutual funds. If you’re buying a mutual fund, in reality, the purchase of a property interest in an Investment Corporation. These companies have fund managers who invest money for you. Apart from investment, but also buy and a time when I think it might be advantageous to sell.

- Structured Settlement Annuity

There are other investors whoshares owned by the same company. The reason for these investments are available, because the money is collected from a large group of people and investment. Investing in general the money of investors with funds raised for the purchase of various debt and equity.

Fits many mutual fund investors as an investment that simply offers a great diversity. The best thing for mutual support is to keep track of only a single investment, rather than a number of different investments.You will receive a quarterly or annual net sales or in a bad year you could pay even net losses.

- Structured Settlement Annuity

An annuity is a general agreement between an insurance company and a client. This is a great way to receive payment for a specified period or the life of a person at a time. You can purchase an annuity payment is paid a lump sum or less. The profit performance of the pension can be useful or may be deferred until retirement so immediately and is aProvide income for a longer period.

Most people are unaware of these investments, taxes, insurance, rent and then build.

Insurance companies need to know an educated workforce with the right skills, as wise investments. After a period of the amount invested in the purchase by pension payments will be paid by the insurance service. Payments can be monthly or yearly, and you get to keep for life.The insurance company collects pensions by several people to invest in profitable companies. The payments for the customer is charged the amount of profit.http://www.structuredsettlementannuity.goodarticlesite.com/mutual-funds-vs-annuities-vs-structured-settlements/

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Nov 07

Eileen Mcdonnell Appointed Chief Executive Officer of the Penn Mutual Life Insurance Company: McDonnell Takes Post after the Company?s Best Sales Year Ever

Horsham, Pa. (Vocus/PRWEB) February 22, 2011

The Penn Mutual Life Insurance Company announced that Eileen McDonnell has been appointed Chief Executive Officer of the company, succeeding the retiring Robert E. Chappell. McDonnell now holds the title of President and Chief Executive Officer. She is only the 18th chief executive officer in Penn Mutual?s 164-year old history.

Chappell, who led the mutual insurer to its current position as one of the most respected in the industry, will remain as chairman of the board.

McDonnell takes office as the company reports record numbers for 2010 with life insurance sales up 47% over 2009, versus an industry increase of approximately 6%, and annuity sales growth of 7%.

Looking to the future, McDonnell said, ?Penn Mutual has a rich legacy that continues to guide our work as a company. I believe the decade ahead is full of opportunity for us, and we are extremely well positioned to build on the positive momentum we?ve created over the past several years. That said, we remain focused on serving the best interest of our policyholders, and helping individuals, families and small businesses achieve their possibilities and their dreams through the complete value of life insurance.?

McDonnell is one of only a few females holding the position of CEO at a major U.S. life insurer. She joined Penn Mutual in February 2008 as Executive Vice President and Chief Marketing Officer, and Chairman of the Board of Hornor, Townsend & Kent, Inc. She is also a member of Penn Mutual?s Board of Trustees, as well as a member of the Janney Montgomery Scott LLC Board of Managers. Janney Montgomery Scott is a wholly-owned subsidiary of Penn Mutual.

McDonnell, a veteran of the financial services industry, was president of New England Financial, a wholly-owned subsidiary of MetLife and senior vice president at Guardian Life Insurance Company. McDonnell also held positions at AXA/Equitable. In addition, she was a member of the Master of Science in Management faculty at The American College, where she held the Chair for Women and Financial Services.

An active industry participant, Eileen is a member of the Board of Directors of LL Global, Inc., the holding company for LIMRA International and LOMA, and is a National Advisor for Vision 2020.

McDonnell graduated from Molloy College, Rockville Centre, New York, where she served as member of its board of trustees. McDonnell earned her MBA in finance and investments from Adelphi University, in Garden City, NY.

About The Penn Mutual Life Insurance Company

Since 1847, Penn Mutual has been driven by our noble purpose to create a world of possibilities. At the heart of this purpose is the belief that life insurance is the most protective, responsible and rewarding action a person can take, and is central to a sound financial plan. The company is committed to helping families and small businesses unlock life?s possibilities through life insurance and annuity solutions. This is accomplished through a national network of financial professionals, who help clients make great things possible. Penn Mutual supports its field representatives with brokerage services through Hornor, Townsend & Kent, Inc., Registered Investment Advisor and wholly owned subsidiary. Member FINRA/SIPC. Visit Penn Mutual on the Internet at http://www.pennmutual.com.

2010 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA 19044

Contact:

Barb Parassio, Karma, (215) 790-7813, barbara(at)karmaverse(dot)com

Keith Bratz, Penn Mutual, (215) 956-7907, bratz.keith(at)pennmutual(dot)com

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Nov 07

Americans Find Help for Their 401K Retirement Mutual Fund Accounts Amidst Heightened Concern Over Budget Crisis and United States Debt Default Ceiling Vote


Southlake, Texas (PRWEB) April 28, 2011

The American Wealth Investing Institute is pleased to announce it has launched the 401K Generator to make its Mutual Fund Analyzer Tool accessible to more Americans. Americans find their retirement accounts are at stake again with the current US budget crisis and pending congress debt ceiling vote. This at a time when Americans had just started to breathe again, seeing a strong regain in the market from the 2008 lows. Out of 49 Million Americans with 401K’s, very few know if they are in the best or worst performing mutual funds in their 401K and have no plan on what to do with the next crisis being right around the corner. American Wealth Investing Institute has sought to help Americans take control of their 401K’s. The American Wealth Investing Institute has found a simple resource to help Americans get a game plan together and sift through the mountain of data to easily find the best or worst performing funds in their 401K, IRA, or college savings accounts. American Wealth Investing Institute?s Mutual Fund Analyzer contains over 20,000 companies 401K plans and has over 22,000 mutual funds and over 20,000 stocks and ETF?s in its database that it can easily sort them by profit and loss for the end user in a matter of seconds. For a free demo check out the site by clicking HERE

Darrell Martin, founder of the American Wealth Investing Institute and developer of the Mutual Fund Analyzer, states ?I found that people were looking for a simple way to sift through the data. At the same time I found that even with this simple analyzer many Americans still felt completely lost and desired to simply have someone sitting beside them helping educate them. And out of this need the American Wealth Investing Institute developed the 401K Generator Educator Program. ? The program is a reseller program to incentivize organizations and individuals in any field to promote the benefits of this simple tool and in return gain leads, referrals, increased appointments, and recurring revenue. The 401K Generator allows the educator a license to resell 1,000 end-user subscriptions. The license holder can private label the product and use it to generate leads, referrals, appointments, and revenue. For more information on the 401K Generator visit it by clicking HERE

The 401k Generator includes three components. The first component is the Mutual Fund, Stock & ETF Analyzers. The second component is the SPX Bull/Bear Market Newsletter which provides a stance on the overall current direction of the market and capitalizes on what is known as Diagnostic Investing. Diagnostic investing is a phrase coined by Darrell Martin. It includes looking at how fundamental, technical, statistical, and seasonal investors look at the market and then combine this knowledge to formulate a bullish stance on the market with a risk management bear signal in place. Though the newsletter is not a recommendation to buy or sell a security it is an analysis tool and allows users to not only sort by profit and loss on buy and hold but also by their performance had they followed the SPX Bull/Bear Market Newsletter. The third component is email and text message alerts to notify subscribers of a change in the newsletters stance on the market, allowing users to not have to log on every single day to find out when things change. For a more detailed look at the 401K Generator and everything that is included check out their features page by clicking HERE

?The 401K Generator Educator program is working. We are very pleased with the success we have had with this reseller program. We have CPA?s, bookkeepers, financial advisors, annuity salesman, insurance sales reps, and a variety of small and large business owner getting involved?, states Darrell Martin. One company actively promoting the 401k Generator through its agents is American Safe Retirements of Southlake, Texas. Rich DePaollo the President of American Safe Retirements states that ?this simple tool has allowed American Safe Retirement agents to open a whole new lead and revenue stream in order to help them profit from a larger pool of prospective clients than usually available due to accredited investors restrictions. And the best part is my agents are able to help a group of people, those with 401K’s, that are rarely able to find any help of substantial value.? To see what others have said about the 401K Generator visit their testimonials page by clicking HERE

The 401K Generator is catching on and it will be exhibited live in Atlanta at the Million Dollar Round Table Event this year on June 6th and 7th. More information on the event can be found at on the MDRT website by clicking HERE

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Nov 06

The Penn Mutual Life Insurance Company Worth For Women Survey Finds That Women Do More But Think Less Of It


Horsham, PA (PRWEB) May 03, 2011

Results of a new survey of American adults, released just in time for Mother?s Day by The Penn Mutual Life Insurance Company, suggest that both moms and single women do more work at home but, unlike their male counterparts, don?t think enough about the value of what they do.

In Penn Mutual?s third annual Worth for Women Survey, women and men were asked to place a dollar value on the work they do away from their jobs. Both groups put the dollar estimate at around $ 25,000 per year. Respondents were then asked to list the hours they spent doing a variety of work or services, such as laundry, meal preparation or child care (see Table 1). When Penn Mutual calculated the value of the actual hours reported doing household jobs, they found that men overestimate the value of what they do by almost 13 percent. In contrast, women across the country were found to underestimate the worth of all they do for their homes and families.

When the actual median value of services was computed, a woman?s contribution to the home was $ 34,256 versus $ 19,322 for men. Men were 9 percent more likely to overestimate their contribution by $ 30,000 or more. The person most likely to underestimate her worth is the mother of a minor child?her computed worth is $ 44,913 while her perceived worth is $ 29,000. Over half (52 percent) of these women underestimate their worth by at least $ 10,000; 36 percent do so by at least $ 30,000.

Anecdotally, while the survey may suggest that men have begun making more meaningful contributions to household operations, rather than counting a beer run as ?grocery shopping? or lifting their feet so a woman can vacuum as ?cleaning,? there are serious consequences for both women and men who underestimate the value of what women do aside from outside employment.

?As a life insurance company, we often see evidence that women underestimate their value to their families?with serious or tragic consequences when that work has to be replaced by outsiders after the untimely death of a wife or mother,? said Tracy Marrocco, Director of Women?s Marketing for Penn Mutual. ?Far too many families fail to account for this value, leaving women uninsured or under-insured. This survey revealed that women own significantly less coverage than men do, with the median individual coverage amount for women being $ 100,000 as compared to $ 150,000 for men.?

Women, of course, understand that life insurance provides a death benefit, but lack knowledge when it comes to the different life insurance products available and the unique benefits they provide. For example, the Worth Survey found that women place high value on building cash reserves to borrow from for expenditures such as paying for college or starting a new business, but they often aren?t aware that permanent life insurance can provide this benefit.* Clearly, it?s difficult to make an informed decision when purchasing life insurance if you under-estimate your worth and aren?t aware of all the options.

?What?s surprising is how significantly women under-value the contributions they make to their homes and families?yet this thinking has negative repercussions for women and their loved ones and undermines their prospects for a secure financial future,? said Marrocco. ?At Penn Mutual, we encourage women to first know their worth and then take the necessary steps to assure a bright future for themselves and their families through the complete value of life insurance.?

The annual tracking study was conducted by Penn Mutual from March 2 to March 17, 2011, and encompassed interviews with a nationally representative sample of women and men ages 25 to 64. The sample included women and men across a wide income spectrum, those with and without life insurance, and both married and single parents.

The annual survey is a key component of Penn Mutual?s Worth initiative, which offers educational resources and tools that advocate women take charge of their financial futures by considering the entirety of their value to home and family.

?We created our Worth initiative to advance and expand our commitment to provide financial education and resources for women. Mother?s Day is the perfect opportunity to remind these women, who are the mainstays of the American family, of their full worth,? Marrocco said.

Among these resources is the Worth Calculator, which allows a woman to measure her true economic value, including often-overlooked contributions like childcare, budget management and homemaking. For more information, go to http://www.WorthForWomen.com.

*Outstanding loans and withdrawals will reduce a policy?s stated cash value and death benefit. Life insurance policies may be subject to certain costs, limitations and restrictions not outlined above. Consult with a qualified financial professional for further information.

About The Penn Mutual Life Insurance Company

Since 1847, Penn Mutual has been driven by our noble purpose to create a world of possibilities. At the heart of this purpose is the belief that life insurance is the most protective, responsible and rewarding action a person can take, and is central to a sound financial plan. The company is committed to helping families unlock life?s possibilities through life insurance and annuity solutions. This is accomplished through a national network of financial professionals, who help clients make great things possible. Penn Mutual supports its field representatives with brokerage services through Hornor, Townsend & Kent, Inc., Registered Investment Advisor and wholly owned subsidiary. Member FINRA/SIPC. Visit Penn Mutual on the Internet at http://www.pennmutual.com/ . Access the Worth Calculator on the Worth for Women website: http://www.WorthForWomen.com.

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2011 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA 19044

Contact:

Keith Bratz

Penn Mutual

(215) 956-7907

bratz(dot)keith(at)pennmutual(dot)com

Barbara Parassio

Nov 05

Penn Mutual Life Insurance Company Names Denise Flannery Senior Vice President, Strategic Marketing, Planning and Communications

Horsham, PA (PRWEB) July 21, 2011

The Penn Mutual Life Insurance Company, a more than 164-year-old company, is pleased to announce the promotion of Denise Flannery to Senior Vice President, Strategic Marketing, Planning and Communications.

?Denise Flannery has distinguished herself as an outstanding leader whose strategic vision and marketing and communications expertise has significantly strengthened Penn Mutual?s position as an industry leader,? said Eileen C. McDonnell, President and Chief Executive Officer.

Flannery has been behind many of Penn Mutual?s strategic initiatives over the last several years that are evolving the company into a true marketing organization. Most recently, she directed a company brand refinement and led the development and integration of a long-term strategy across the company.

According to McDonnell, ?Flannery has demonstrated the ability to build relationships at every level of the company. Her commitment to Penn Mutual, to our associates and field partners, and to our strategy exemplifies our passion for the business of helping individuals, families and small businesses realize the complete value of life insurance.?

Flannery joined Penn Mutual in 2001 as Team Leader, Marketing Services and has built a successful career over the past ten years, serving as Director, Marketing Services; Assistant Vice President, Corporate Communications; and Vice President, Proprietary Product Marketing. In 2009, Flannery was named Vice President, Marketing and Communications and a year later, she became Vice President, Strategic Marketing, Planning and Communications, and joined the executive team earlier this year.

She continues to oversee strategic marketing for the company, including product and program marketing, marketing research, interactive marketing, public relations and internal communications, as well as corporate planning.

Flannery has more than 25 years of experience in all aspects of marketing, including product development, market research and marketing communications with financial services companies. In addition to the life insurance industry, she spent the first half of her career in the banking industry. A graduate of Penn State with a BS degree in Organizational Development, Denise earned her MBA from St. Joseph?s University.

About The Penn Mutual Life Insurance Company

Since 1847, Penn Mutual has been driven by our noble purpose to create a world of possibilities. At the heart of this purpose is the belief that life insurance is the most protective, responsible and rewarding action a person can take, and is the key to a sound financial plan. The company is committed to helping families unlock life?s possibilities through life insurance and annuity solutions. This is accomplished through a national network of financial professionals, who help clients make great things possible. Penn Mutual supports its field representatives with brokerage services through Hornor, Townsend & Kent, Inc., Registered Investment Advisor and wholly owned subsidiary. Member FINRA/SIPC. Visit Penn Mutual on the Internet at http://www.pennmutual.com/.

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Sep 22

Penn Mutual Life Insurance Company President and CEO Eileen McDonnell Named to Irish America Magazine?s ‘Wall Street 50′


Horsham, PA (PRWEB) September 22, 2011

The Penn Mutual Life Insurance Company, a more than 164-year-old company, is pleased to announce Eileen McDonnell, president and chief executive officer, has been named to Irish America magazine?s ?Wall Street 50.?

?Wall Street 50? is a celebration of the best and the brightest Irish Americans and Irish-born who demonstrate standout success in the financial industry. Those named to the list will be honored at an event on Thursday, September 22 in Manhattan. Brian Ruane, CEO of Alternative and Broker-Dealer Services at BNY Mellon, will deliver the keynote address to this highly successful group of individuals.

?It?s an honor to be named to this esteemed list of Irish American financial executives,? said McDonnell. ?The accomplishments among this distinguished group are many and I am proud to be counted in their company. As President and CEO of Penn Mutual, I am gratified to know that we share the enduring values of the Irish people: hard work, achievement and protecting those dear to us. Every day we are helping to deliver on the hopes and dreams of future generations by enabling American families to realize financial security.?

McDonnell is a second-generation Irish-American; all four of her grandparents were born in Ireland.

McDonnell is one of only a few females holding the CEO position at a major U.S. life insurer. She joined Penn Mutual in February 2008 as executive vice president and chief marketing officer, and chairman of the board of Hornor, Townsend & Kent, Inc. She was then promoted to president of Penn Mutual in 2010, a position she continues to hold. She is also a member of the Janney Montgomery Scott LLC board of managers, and a member of the Penn Mutual board of trustees.

McDonnell is a 25-year veteran of the financial services industry. She was president of New England Financial, a wholly-owned subsidiary of MetLife and senior vice president at Guardian Life Insurance Company. McDonnell also held positions at AXA/Equitable. In addition, she was a member of the Master of Science in Management faculty at The American College, where she held the Chair for Women and Financial Services.

An active industry participant, Eileen is a member of the Board of Directors of LL Global, Inc., the holding company for LIMRA International and LOMA. She has also served on the Board of the Insurance Marketplace Standards Association (IMSA) and is a National Advisor for Vision 2020.

McDonnell graduated from Molloy College, Rockville Centre, New York, where she majored in mathematics and computer science, and received an honorary doctor of laws (LL.D.) degree in 2011. She formerly served as member of the Molloy College board of trustees. McDonnell earned her MBA in finance and investments from Adelphi University, in Garden City, N.Y.

About Irish America magazine

Irish America is the leading national glossy publication of Irish interest in North America. Since its inception in October 1985, Irish America magazine has become a powerful vehicle for expression on a range of political, economic, social and cultural themes that are of paramount importance to the Irish in the United States. It has helped re-establish the Irish ethnic identity in the U.S. (30 million according to the last U.S. census) and highlighted the best political and business leaders, organizations, artists, writers and community figures among the Irish in America. Visit http://www.irishamerica.com .

About The Penn Mutual Life Insurance Company

Since 1847, Penn Mutual has been driven by our noble purpose to create a world of possibilities. At the heart of this purpose is the belief that life insurance is the most protective, responsible and rewarding action a person can take, and is central to a sound financial plan. The company is committed to helping families unlock life?s possibilities through life insurance and annuity solutions. This is accomplished through a national network of financial professionals, who help clients make great things possible. Penn Mutual supports its field representatives with brokerage services through Hornor, Townsend & Kent, Inc., Registered Investment Advisor and wholly owned subsidiary. Member FINRA/SIPC. Visit Penn Mutual on the Internet at http://www.pennmutual.com/.

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