BRYN MAWR, Pa., Sept. 22, 2006 (PRIMEZONE) -- With annuities becoming a popular personal finance tool for baby boomers facing retirement in the next couple of years, insurance companies and agents are looking for the options available to investors who are looking to either purchase an annuity or sell a policy. 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 be hosting a pre-conference workshop on "How to Revolutionize Your Practice with the Secondary Market for Annuities" on September 26 at the Annual Life Insurance Sales Mastery Forum.
The conference, which will take place in Atlanta, GA from September 26-29, 2006, will be co-hosted by The National Underwriter Company and the Hoopis Performance Network, and is the only event that supports producers on their path to professional success through life insurance sales. The National Underwriter Company, a unit of Highline Media LLC, is one of the leading publishers of financial services products and information, and Hoopis Performance Network provides financial specialists in the life insurance industry.
"We believe life insurance professionals can leverage the secondary market for annuities to offer new solutions to their clients," said Edgar Bacai, Regional Director for J.G. Wentworth's Annuity Purchase Program and host of the workshop. "This newfound liquidity in the annuity market creates an opportunity for agents to better service the needs of clients who are considering selling their policies."
J.G. Wentworth pioneered the secondary market for annuities and has been educating investors, financial advisors, brokers and agents on the options available in this market.
Michael Vaughan, managing director of the J.G. Wentworth Annuity Purchase Program adds, "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 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.