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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.
Popular indexed annuities called ‘terrible ideas’ for seniors
When Helen Siswein, a retired teacher, heard about an investment that might earn 8% a year and never lose money, she was sold
Indexed annuities regain AIG unit after banner year
Western National Life Insurance Co. has jumped back into the indexed-annuity market after more than 18 months on the sidelines.
Elderly investors in Florida awarded $1.2M after being sold “inappropriate” annuities
Four senior citizens in Florida who were scammed into purchasing “inappropriate” equity indexed deferred annuities have had a combined $1.2 million returned to them by the state's chief financial officer, Alex Sink, according a statement from Florida's Department of Financial Services.
EIAs to be regulated as securities in 2011
Equity index annuities will come under federal regulation as securities under a final rule approved 4-1 today by the Securities and Exchange Commission.
Wealth2k arms advisers with EIA program
Wealth2k today launched an educational program that advisers can use to teach clients about equity indexed annuities.
