BRYN MAWR, Pa., Sept. 27, 2006 (PRIMEZONE) -- As millions of baby boomers are reaching retirement this year, annuities have become one of the most popular investment alternatives. J.G. Wentworth, a specialty finance company and leader in the secondary market for annuities, will team up with Underwriters Marketing Service, an insurance marketing and financial services company at the Senior Market Advisor Expo 2006 to educate the financial community on what is available to annuity holders looking to sell their policy. The conference is sponsored by Senior Market Advisor Magazine, a monthly magazine exclusively for advisors selling to seniors.
The conference, which will take place from September 27 - 29 at Caesars Palace in Las Vegas, NV, is a forum for financial advisors, agents and broker to learn about new tips and strategies for selling annuities and how consumers can get the most out of their policy.
"We believe the Senior Market Expo is a good venue for updating the financial community on the various changes and options within the annuities industry for seniors," said Michael Vaughan, Managing Director of the J.G. Wentworth Annuity Purchase Program. "With over 15 years of market expertise in the annuities industry, J.G. Wentworth understands the needs of investors owning annuities and we have pioneered the secondary market in response to those needs."
"We have teamed up with J.G. Wentworth at the Senior Market Expo in order to provide the financial community with useful information to further enhance their knowledge of various insurance products and services now available," said Mary Ann Lacey-Gray, President of Underwriters Marketing Service. "With baby boomers reaching retirement in the next couple of years, annuities will be a huge market, and we feel there will be a need for information on the options that are available to those who want to own or sell them."
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.