Non-Controlling Interest.

A non-controlling interest is defined as the portion of a company’s equity that is not owned by the parent company. In other words, it is the portion of the company that is owned by shareholders other than the parent company. The non-controlling interest is also known as the minority interest. The non-controlling interest is important … Read more

Guaranteed Minimum Withdrawal Benefit (GMWB).

A guaranteed minimum withdrawal benefit (GMWB) is a type of annuity that provides income for life, regardless of how long you live. The income payments are guaranteed to last for at least 20 years, even if you live longer. The GMWB is a popular choice for retirees who want to ensure they will have income … Read more