BRYN MAWR, Pa., Sept. 25, 2006 (PRIMEZONE) -- As part of an ongoing educational process on the secondary market for annuities, J.G. Wentworth, a specialty finance company and leader in the secondary market for annuities, will team up with Loyalty Performance Marketing, a broad-based insurance marketing and financial services company, to provide the financial community with information to help better service the needs of clients looking to sell their annuities.
Sponsored by NAFA (National Association for Fixed Annuities) the 2006 Annuity Producers' Expo will be held in Las Vegas, NV, from September 25 -- 27. The event will bring together NAFA's members, which consist of insurance carriers, marketing organizations, producers, brokers, consultants and consumers who promote, distribute or purchase fixed annuities. NAFA is the only independent, non-profit organization dedicated solely to the promotion and preservation of traditional, payout and indexed annuities.
"With the growing number of investors looking for options in the market when considering selling their annuities, we believe there is a need for information on what is available in the secondary market," said Michael Vaughan, Managing Director of the J.G. Wentworth Annuity Purchase Program, who will be speaking at the conference. "Those who are involved in the annuities industry should be aware of all the choices that are available to annuity holders when looking to sell their policy due to a change in financial needs."
"At times, annuity holders may not have enough information to make the right decision when buying or selling their policy," said Brian Schneier, President of Loyalty Performance Marketing. "J.G. Wentworth is committed to providing the information investors need to get the most out of their policy when they do consider selling it."
About J.G. Wentworth
For more than 15 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.