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- Title
DO GICs AND ANNUITIES WORK TODAY?
- Authors
Corcoran, James P.
- Abstract
This article discusses issues faced by corporate pension managers of guaranteed investment contracts (GIC) and annuities in the U.S. It includes the perspective of several financial executives who attended a roundtable discussion on the subject. James Corcoran and Thomas O' Connor addressed issues such as buying annuities and the proper level of regulation.Corcoran believes that well-designed regulation help avoid a crisis in the insurance industry during the 1980s and advocates uniform regulations across the U.S. INSET: Is the Employer Responsible in a GIC Failure?.
- Subjects
UNITED States; GUARANTEED investment contracts; INSURANCE company investments; INSURANCE companies; INSURANCE; CORCORAN, James; O'CONNOR, Thomas
- Publication
Financial Executive, 1992, Vol 8, Issue 1, p49
- ISSN
0895-4186
- Publication type
Article