Life Insurance And Annuities

Displaying 3461 results
Mortgage and credit card debt a reality for over a quarter of retired investors
RETIREMENT PLANNING JUL 08, 2024
Mortgage and credit card debt a reality for over a quarter of retired investors

More retirees are discarding traditional strategies as higher expenses and obligations put them on the financial back foot.

By Leo Almazora
GE sued over $1.7 billion pension risk transfer
LIFE INSURANCE AND ANNUITIES JUL 03, 2024
GE sued over $1.7 billion pension risk transfer

The company is the latest targeted over annuity deals with Athene Annuity and Life Co.

By Emile Hallez
One-third of healthcare workers aren’t confident about retirement
RETIREMENT PLANNING JUL 02, 2024
One-third of healthcare workers aren’t confident about retirement

Despite 91 percent being in a workplace savings plan, uncertainty over saving, debt, and other issues are making healthcare employees doubtful.

By Leo Almazora
SEC updates annuity disclosure rules for RILAs, MVAs
LIFE INSURANCE AND ANNUITIES JUL 01, 2024
SEC updates annuity disclosure rules for RILAs, MVAs

The amendments aimed at fostering a more tailored approach to disclosure for non-variable annuities sparked concerns for one dissenting commissioner.

By Leo Almazora
Retirees spend twice as much when they have guaranteed income, research finds
RETIREMENT PLANNING JUL 01, 2024
Retirees spend twice as much when they have guaranteed income, research finds

Most people don't plan bequests and many unnecessarily cut back on discretionary spending in retirement, according to a paper from an industry group.

By Emile Hallez
New fiscal spending bill threatens DOL fiduciary rule
RETIREMENT PLANNING JUN 27, 2024
New fiscal spending bill threatens DOL fiduciary rule

The proposed legislation governing funds for fiscal year 2025 would hamper the agency’s ability to administer, implement, or enforce the rule.

By Leo Almazora
Finra bars two ex-Raymond James advisors who sold unapproved products
INDEPENDENT BROKER DEALERS JUN 25, 2024
Finra bars two ex-Raymond James advisors who sold unapproved products

Firms must take reasonable steps to avoid financial advisors' selling away, one compliance expert noted.

By Bruce Kelly
With 10 years to go, near-retirees have a shot to avert the midlife retirement crisis
RETIREMENT PLANNING JUN 24, 2024
With 10 years to go, near-retirees have a shot to avert the midlife retirement crisis

Prudential Life says there’s hope for 55-year-olds even as trends of inflation, disappearing DB pensions and “silver squatters” wear on.

By Leo Almazora
DC plan sponsors are turning their attention to retirement income
RETIREMENT PLANNING JUN 11, 2024
DC plan sponsors are turning their attention to retirement income

New PIMCO study underscores trends in non-guaranteed income solutions, QDIAs, and diverging approaches to address retirees' needs.

By Leo Almazora
Principal client wins $7 million claim involving annuities
INDEPENDENT BROKER DEALERS JUN 10, 2024
Principal client wins $7 million claim involving annuities

'The evidence further reflected a pattern of churning,' one executive said about the case.

By Bruce Kelly
Cetera builds insurance planning muscle with Fidelity alum
RETIREMENT PLANNING JUN 10, 2024
Cetera builds insurance planning muscle with Fidelity alum

The firm’s new head of advanced wealth solutions comes with deep expertise in retirement income, life insurance, and annuities.

By Leo Almazora
Employers keep offloading pensions to insurance companies
RETIREMENT PLANNING JUN 07, 2024
Employers keep offloading pensions to insurance companies

Sales through March in 2024 were the highest seen during the first quarter of a year, according to Limra.

By Emile Hallez
The DOL’s fiduciary rule faces another legal challenge
RETIREMENT PLANNING MAY 24, 2024
The DOL’s fiduciary rule faces another legal challenge

A coalition of trade associations including the Insured Retirement Institute, ACLI, and NAIFA has filed a civil suit against the contentious Retirement Security rule.

By Leo Almazora
Amid mixed economic outlook, RIAs eye guaranteed investment solutions
RETIREMENT PLANNING MAY 22, 2024
Amid mixed economic outlook, RIAs eye guaranteed investment solutions

Research lifts lid on RIAs' use of annuities, growth strategies, and opportunity to take wallet share from banks.

By Leo Almazora
US individual annuities see record-breaking first quarter, says Limra
RETIREMENT PLANNING MAY 22, 2024
US individual annuities see record-breaking first quarter, says Limra

Latest survey reveals all-time high of $106.7B in Q1 sales, with winning streaks in fixed-rate deferred annuities, FIAs, and RILAs.

By Leo Almazora
Annuity data firm Cannex inks partnership with Luma
FINTECH MAY 22, 2024
Annuity data firm Cannex inks partnership with Luma

The lifetime income research provider’s collaboration brings a new tech platform to empower advisors using annuities.

By Leo Almazora
Louisiana moves to adopt annuity best-interest standard
RETIREMENT PLANNING MAY 20, 2024
Louisiana moves to adopt annuity best-interest standard

Associations for life insurers and financial advisors laud the move, renews call for “sensible protections” around guaranteed lifetime income products.

By Leo Almazora
DOL fiduciary rule faces pushback in congress
RETIREMENT PLANNING MAY 15, 2024
DOL fiduciary rule faces pushback in congress

A bicameral group of senators and house representatives have launched a joint resolution seeking to quash the rule.

By Leo Almazora
How much of an income edge could retirees get from annuities?
RETIREMENT PLANNING MAY 13, 2024
How much of an income edge could retirees get from annuities?

With 'new North Star' metric, TIAA urges new retirees to rethink 4 percent rule and incorporate a lifetime income strategy.

By Leo Almazora
RIA-focused fintech Flourish is living up to its name
LIFE INSURANCE AND ANNUITIES MAY 10, 2024
RIA-focused fintech Flourish is living up to its name

The firm has announced a surge in advisors and AUC.

By Steve Randall