Description: In this video Ben Keslowitz describes the differences in types of Annuities. Ben discusses that there are two main types: immediate annuities, which start payments right away, and deferred annuities, which delay payments. He then goes on to discuss immediate annuities include lifetime, certain only, certain and life, and joint and survivor annuities, each offering different payment structures and durations. He dives into these structures to give the viewer an intro level on options on annuities.

Description: New Zealand is about to launch its first variable annuity with guaranteed lifetime withdrawal benefits. The product design is mindful of the lessons from the financial crisis in the United States, Europe and Japan.