BRYN MAWR, Pa., June 27, 2006 (PRIMEZONE) -- As part of an on-going educational process on the secondary market for annuities, J.G. Wentworth, a specialty finance company and leader in the secondary market for annuities, appeared on wsRadio.com's "EverydayWealth Radio" personal finance program to discuss some of the options now available for annuity holders in the secondary market. Michael Vaughan, Managing Director of J.G. Wentworth's Annuity Purchase Program, spoke with Gerri Detweiler, EverydayWealth host and credit expert on June 15 about some of the issues investors should be aware of when owning or inheriting an annuity. The segments can be accessed at www.EverydayWealthRadio.com by typing "Michael Vaughan" into the search field. Consumers can listen to the two ten-minute segments online using Windows Media Player. wsRadio.com is a worldwide leader in Internet talk radio with over 80 shows.
"The segments on the secondary market for annuities were both tremendously informative and helpful to our listeners," said Detweiler. "Many investors holding annuities do not realize there is a market out there where they can have their policies analyzed if they do plan on selling for any financial changes in their lives."
"We want investors and financial advisors to know that annuity holders do not have to feel stuck in annuity policy that may no longer fit their investment goals," said Michael Vaughan.
J.G. Wentworth pioneered the secondary market for annuities and has been educating investors on the options available in this market. The secondary market provides flexibility to those who have had a change in their financial circumstances and goals and need to sell all or part of their annuity policy. J.G. Wentworth evaluates annuity policies and offers investors fair market value for the policy.
About J.G. Wentworth
For more than 14 years, J.G. Wentworth has been purchasing annuities as well as other deferred payment streams. During this time, the company has purchased over $2 billion of future payment obligations. The company's annuity-backed notes are rated AAA by Standard & Poor's and Aaa by Moody's and sold to institutional investors. J.G. Wentworth is based in Bryn Mawr, Pa. For more information about J.G. Wentworth, go to www.jgwfunding.com.