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Annuity Pricing

Pricing and Evaluation of Annuity Products in North America
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Bank Products

Personal Banking Rates in Canada...and Transaction Processing through the CANNEX Financial Network (CFN)

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Quantitative Analysis

Retirement Income Analytics and Decision Tools...and our Affiliation with the Fields Institute for Research in Mathematical Sciences

recent news

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CANNEX Financial Exchanges Brings Greater Transparency to the U.S. Annuity Market with Evaluation Tool

Standardized Approach to Determining the Economic Suitability of Annuity Transactions Allows Comparison of Variable and

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White Paper: Determining the Economic Suitability of a Variable Annuity Transaction

In this paper we propose a scoring methodology for VA transactions that is intended to

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CANNEX Announces The Alex Melvin Leadership Award

On behalf of representatives from the Deposit and Insurance industries who pooled their ideas and

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who we are

CANNEX supports the exchange of pricing information for annuity and bank products across North America. We provide financial institutions with the ability to evaluate and compare various guarantees associated with retirement savings and retirement income products.

The CANNEX Financial Network enables financial institutions to automate the application processing and administration of bank and annuity products in Canada.

Our quantitative research team provides methodologies that help optimize the selection and allocation of annuity and insurance guarantees in support of retirement programs and practices.

Our pricing and analytic services can deployed to support a variety of processes, including:

  • Research & Market Intelligence
  • Financial Planning & Education
  • Sales & Compliance
  • Transaction Processing
  • Product Service & Administration

Today's Rates

Income Annuities - Canada

10 Year Guarantee, 1 Month Deferral 10 Year Guarantee, 5 Year Deferral
$ 443 $ 416 $ 542 $ 498
Male, Age 60 Female, Age 60 Male, Age 60 Female, Age 60

Average of the top 5 monthly incomes based on a $100,000 CAD premium of non-qualified funds.

Term Deposits/GICs - Canada

1.600 % 1.950 % 2.200 % 2.250 %
90 Days 1 Year 2 Years 3 Years

Highest rate based on deposit of $1,000 CAD. Interest not compounded.

Income Annuities - USA

10 Year Guarantee, 1 Month Deferral 10 Year Guarantee, 5 Year Deferral
$ 463 $ 446 $ 626 $ 597
Male, Age 60 Female, Age 60 Male, Age 60 Female, Age 60

Average of the top 5 monthly incomes based on a $100,000 USD premium of non-qualified funds and issued in Connecticut.

Deferred Fixed Annuities - USA

Multi Year Guarantee Multi Year Guarantee with MVA
1.150 % 1.900 % 1.150 % 2.400 %
3 Years 5 Years MVA 3 Years MVA 5 Years

Highest rate based on a single premium of $25,000 USD issued in Connecticut. No bonus.

Prepared by CANNEX on December 2, 2016 at 16:00:07 ET.