Barron's Recap: 50 Best Annuities

This weekend in Barron's online: an exclusive ranking of the best annuities, alternatives to junk bonds, as well as the prospects for Apache, Pier 1 Imports and more.

Cover Story

"Top 50 Annuities" by Karen Hube.

Investors planning for retirement want simple products with low fees, says this week's cover story in Barron's. The insurance industry's answer is deferred-income contracts. "It's like getting an old-fashioned pension, but it's not with GM or UPS. You build it yourself," says one expert quoted in the article.

Barron's narrowed the vast universe of annuity products to 50 of the most competitive contracts offered by insurance companies with a rating of A- or higher from A.M. Best. The list is divided by annuity type. Barron's found that, overall, rates, fees and payouts improved from last year's levels for both fixed and variable annuities.

See which fixed and which variable annuities made the top 50. See the advantages and disadvantages of the various types of annuities, as well as why advisors caution investors to never consider putting all -- or even a majority -- of their assets into an income annuity.

See also: Gold Becomes Inflation Hedge As Bond Markets Manipulated By Central Banks

Feature Stories

Jack Hough's "6 Smart Alternatives to Junk Bonds" features dividend stocks that could prove more rewarding than the high-yield bonds that are now hitting record lows. General Electric and Amgen make the list. See what else does.

"Re-Energizing Apache" by Lawrence C. Strauss points out that, while its stock is out of favor, Apache (NYSE: APA) has shifted its focus to North America, trimmed its operations in Egypt and made moves to rein in costs.

In "Brutal Week Obscures a Brighter Outlook for Pier I," Christopher C. Williams explains why the long-term strategy playing out at Pier 1 Imports (NYSE: PIR) could pay off. See why the stock could rise up more than 20 percent.

David Lee, T. Rowe Price Real Estate portfolio manager, is profiled in Sarah Max's "Location, Location..." The article discusses why Lee doesn't like big risks and focuses on quality. See why he favors Federal Realty Investment Trust.

See "The Financial Bucket List" by Steve Garmhausen for the best advice from John Barrett of Merrill Lynch. He has a three-part strategy that offers his clientele peace of mind and the flexibility to spend time with their families.

In Lawrence C. Strauss's "Why Stocks Remain the Best Bet," David Kelly, chief global strategist at JPMorgan Funds, is interviewed. See what he projects for U.S. economic growth in the coming years, why he is overweight but cautious on stocks, and how he assesses the financial health of U.S. consumers.