Displaying 15 results
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.
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.
First-quarter annuity sales driven by record sales in March
Total US annuity sales rose 4% to $63.6 billion, according to the Secure Retirement Institute.
Annuity sales rose 16% last year
Data collected by the Secure Retirement Institute show gains in all annuity categories in 2021.
What inflation could mean for annuities
Many people are likely wondering how heightened inflation will affect their retirement goals, including the role of insurance products they already own or are considering.
People keep buying annuities at a rapid pace
Sales dipped slightly during the third quarter compared with the second, a report finds, but the year is still on pace to be the biggest since 2008.
Annuity sales reach near-record in second quarter
Sales hit $68.2 billion, up by 40% from the second quarter of 2020, according to the Secure Retirement Institute.
Annuity sales surge 39% in second quarter
Variable annuity sales jump 55% to $32.8 billion in Q2, marking the highest quarterly sales in that category in nearly six years, according to the Secure Retirement Institute.
Rollovers up in 2020, even as 401(k)s try to retain assets
Last year, account holders moved an estimated $623 billion from their 401(k)s to IRAs, up from $565 billion in 2019, a 10% increase, according to a report Tuesday from Limra’s Secure Retirement Institute.
Annuity sales rise in Q1 thanks to just two product types
Although sales figures were down considerably for most categories compared with the first quarter of 2020, fixed-rate deferred annuities and registered index-linked annuities, or RILAs, saw purchases up by 46% and 89%, respectively, according to a report from Limra’s Secure Retirement Institute.
Clients need ‘life guides’ for retirement — not just investment advice
A long, successful retirement includes purpose, family, health, and of course, money, according to panelists at the InvestmentNews Retirement Income Summit
Annuity sales down 24% in Q2
Nearly all types of annuities fell by double digits due to low interest rates and fallout from COVID-19
401(k) sales will continue to fall: Survey
Record keepers expect figures in the third quarter to be down 22% from a year earlier, according to a report from the Secure Retirement Institute
Demand for some annuities rising in COVID-19 market
The crisis is favoring sales of buffered annuities, according to Limra's Secure Retirement Institute
Annuities, hard hit by COVID-19, give retirees one less option
Insurers have started pulling some products amid volatility and low interest rates
