Life Insurance And Annuities

Displaying 3386 results
Bill allowing more types of annuities in retirement plans tops IRI’s lobbying agenda
RETIREMENT PLANNING JUN 13, 2023
Bill allowing more types of annuities in retirement plans tops IRI’s lobbying agenda

The Insured Retirement Institute is hoping Congress has an appetite for more retirement savings legislation following the SECURE Act and SECURE 2.0.

By Mark Schoeff Jr.
$200 million team from Valic signs on with LPL
INDEPENDENT BROKER DEALERS JUN 12, 2023
$200 million team from Valic signs on with LPL

Rodney Van Buren and Whitney Colton have launched Van Buren Wealth Management in Melbourne, Florida.

By InvestmentNews
Firm headed by former NFL player joins LPL from Lincoln Financial
INDEPENDENT BROKER DEALERS JUN 06, 2023
Firm headed by former NFL player joins LPL from Lincoln Financial

Newport, Kentucky-based Hoff Bujnoch & Associates is led by Digger Bujnoch and oversees $150 million in client assets.

By InvestmentNews
MassMutual promotes pair to leadership team, says goodbye to US head
LIFE INSURANCE AND ANNUITIES MAY 30, 2023
MassMutual promotes pair to leadership team, says goodbye to US head

Mike Fanning is retiring after 17 years as the insurer's US head, a period in which MassMutual grew into one of the top annuity providers in the US.

By Gregg Greenberg
Fixed annuity sales stayed hot in Q1, Limra says
LIFE INSURANCE AND ANNUITIES MAY 26, 2023
Fixed annuity sales stayed hot in Q1, Limra says

Total fixed annuity sales surged 101% to $70.9 billion in the first three months of 2023, compared with last year’s results.

By Gregg Greenberg
Survey shows inflation increases retirement savings worries
RETIREMENT PLANNING MAY 22, 2023
Survey shows inflation increases retirement savings worries

The American Council of Life Insurers included questions in the poll that it says show a DOL fiduciary rule would hinder access to retirement advice.

By Mark Schoeff Jr.
10 IBDs with the most annuity revenue in 2022
INDEPENDENT BROKER DEALERS MAY 19, 2023
10 IBDs with the most annuity revenue in 2022

Here are the firms that took in the most annuity revenue last year, as market volatility propelled record annuity sales.

By InvestmentNews
When fiduciary duty is at odds with what's right for clients
COMPLIANCE MAY 18, 2023
When fiduciary duty is at odds with what's right for clients

It's time for the financial services industry to rethink its rules when it comes to offsetting fees.

By Jeff Benjamin
GOP attorneys general go after climate-minded insurers
LIFE INSURANCE AND ANNUITIES MAY 17, 2023
GOP attorneys general go after climate-minded insurers

The Republican AGs are examining net-zero goals that insurance companies have agreed to as part of an industry group.

By Emile Hallez
Finra slaps MassMutual B-D with $250,000 fine for not promptly reporting customer complaints
LIFE INSURANCE AND ANNUITIES MAY 17, 2023
Finra slaps MassMutual B-D with $250,000 fine for not promptly reporting customer complaints

The disclosures that MML Investors Services delayed making included customer complaints and arbitrations, criminal charges and bankruptcies.

By Bruce Kelly
The annuity industry eyes another record year after 2022’s grand slam performance
RETIREMENT PLANNING MAY 15, 2023
The annuity industry eyes another record year after 2022’s grand slam performance

Like baseball star Aaron Judge, annuity sales set a record in ‘22. Here’s why the retirement income instrument could pop out of the dugout for a curtain call in ‘23.

By Gregg Greenberg
Company launches to evaluate annuity options in 401(k) plans
RETIREMENT PLANNING MAY 11, 2023
Company launches to evaluate annuity options in 401(k) plans

Annuity Research & Consulting will provide fee-only vetting of lifetime income options for company retirement plans.

By InvestmentNews
Guaranteed lifetime income products mark a new era of retirement plan design
OPINION MAY 11, 2023
Guaranteed lifetime income products mark a new era of retirement plan design

Fifty years after the passage of ERISA, the insurance industry has come to the rescue with solutions that allow retirement plans to address the problem of decumulation.

By Mitchell Shames
More companies try to lure workers with benefits
RETIREMENT PLANNING MAY 10, 2023
More companies try to lure workers with benefits

Mentions of employee benefits in job postings on a recruiting website have soared to the highest rates on record, with one in four jobs now offering retirement plans.

By Bloomberg
US annuity sales on track for another record-breaking quarter: Limra
RETIREMENT PLANNING MAY 04, 2023
US annuity sales on track for another record-breaking quarter: Limra

With investors seeking to lock in favorable payout rates before they begin to fall, the survey showed the income annuity market enjoying its highest quarterly sales ever, topping $4.1 billion.

By Gregg Greenberg
Wide gaps exist between retirement plans, employee needs: Transamerica
RETIREMENT PLANNING MAY 02, 2023
Wide gaps exist between retirement plans, employee needs: Transamerica

The Transamerica study shows 95% of workers value health insurance as an important benefit, but only 63% of employers offer it to their employees.

By Gregg Greenberg
Top things advisors need to tell their clients about retiring abroad
RETIREMENT PLANNING APR 26, 2023
Top things advisors need to tell their clients about retiring abroad

Retirees need to consider a lot more than just the exchange rate, the cuisine and the climate before retiring in a foreign country.

By Gregg Greenberg
State Street rolls out second 401(k) target-date series featuring an annuity
RETIREMENT PLANNING APR 21, 2023
State Street rolls out second 401(k) target-date series featuring an annuity

The plan feature is provided by Global Trust Co. and Annexus Retirement Solutions.

By Emile Hallez
Prudential collected life insurance premiums, later told claimants they were ineligible
RETIREMENT PLANNING APR 19, 2023
Prudential collected life insurance premiums, later told claimants they were ineligible

The insurer has settled with the Department of Labor; the policies in question were part of employer-sponsored insurance where workers had opted for supplemental coverage.

By Emile Hallez
Fidelity’s health business booms as Americans pile into HSAs
RETIREMENT PLANNING APR 12, 2023
Fidelity’s health business booms as Americans pile into HSAs

More than half of consumers say they’ve taken steps to lower health care costs over the last two years, Fidelity reports.

By Gregg Greenberg