Displaying 68 results
US annuity sales hit a fresh record in 2023: Limra
Strong economic conditions combined with demand for protected investments drove a second record year for fixed annuity products.
MetLife floats a VA buyout offer
The firm would shift variable annuity values to fixed-interest-rate accounts for clients who accept it.
Controlling the controllables
Veronica Karas, advisor at Captrust, explains why financial planning comes first.
Black Americans more optimistic, but still face financial challenges
Limra research reveals concerns around retirement, disability, and unexpected emergencies among Black adults.
Commission-free annuity sales trend remains strong, says DPL founder
DPL's product line saw sales of more than $1 billion last year, more than doubling its 2022 total.
Annuity sales smash record set in 2022
Led by demand for fixed products, total annuity sales were up 23% last year, according to Limra.
Fintech launches annuities platform
Flourish aims to facilitate RIAs’ access to annuities.
When you should, or shouldn’t, recommend more protected lifetime income
Here are some of the key characteristics that may make some clients better candidates for such a solution than others.
Understanding the behavioral benefits of annuities
Financial professionals tend to emphasize the strong quantitative benefits annuities provide, yet it’s the emotional and behavioral benefits that often make them the ideal choice for consumers.
Record number of pension-risk transfer contracts sold in Q3: Limra
The number of contracts sold in the third quarter marks a 39% increase from the prior year.
New annuity products don’t have ‘icky feeling of commission’
Some advisors are coming round to annuities but survey reveals majority seldom recommend them – and clients don't listen anyway.
‘Annuity Yoda’ sees an industry that could be more thoughtful
Tamiko Toland, a force in the annuities business, recently started a consulting firm.
DPL Financial Partners doubles annuity sales to $2B in little more than a year
Breakaway fiduciary practices have helped accelerate the firm's sales.
White House, others question annuity safeguards
Once again, annuities are at the heart of a debate over retirement savings and investor protection. The DOL says state oversight of sales of the products isn’t strong enough.
The insurance industry really doesn’t like the DOL’s proposed rule
Independent agents who sell annuities could be fiduciaries for the first time.
Employers racing to offload pensions to insurers
The trend is a boon for the insurance business, but there are questions about protections for retirees and workers.
Ride the annuity bull market (while you can)
The first half sell-off in both stocks and bonds has opened the door for annuities and those selling them.
Cetera B-D on hook for $2.66 million arbitration claim stemming from REITs, annuities
In an unusual aspect of the investors' claim and subsequent award against First Allied Securities, the $2.66 million in damages requested matched the amount the three arbitrators awarded.
Fintech raises $5.1 million to expand annuity platform for 401(k)s
Major insurers including Allianz Life, Franklin Templeton and Pacific Life are joining a venture firm in backing San Francisco-based Micruity.
New legislation targets registered index-linked annuities
Developing a tailored regulatory filing form for RILAs could help investors better understand the product. The proposal has the backing of the insurance industry and investor advocates.
