Displaying 36 results
Massachusetts fiduciary rule won’t cover variable annuity sales
The Securities Division says the state considers VAs to be insurance products, not securities
Bear market would bode well for fixed annuities: reports
Low interest rates are hampering sales, but the SECURE Act and the threat of a market correction could change that
Annuity sales hit record in 2019 thanks to new breed of VA
Strong fixed annuity sales and growing demand for registered index-linked annuities fuel last year's sales gain, according to a report from the Secure Retirement Institute
Ohio National settles with Kestra over VA commissions
The insurer faces one less lawsuit over its termination of trail compensation
Lincoln annuity seeks to ride TDFs’ coattails
Its new guaranteed-income annuity is the first to invest solely in target-date funds
Security Benefit’s legal woes over indexed annuities persist
Ten plaintiffs have teamed up in a class action alleging that the insurer misled contract holders about the performance of its proprietary indexes
Finra fines Prudential $1M over sloppy retirement-plan information
Regulator says flawed communications left plan participants in dark about investment costs
Buffer annuities push variable annuity sales to three-year high in Q3
Buffer annuity sales are set to increase more than 50% in 2019 as a result of low interest rates and new product features.
Prudential reverses variable annuity suspension in New York
The decision follows a similar route taken by peers like Jackson National and Lincoln Financial.
SEC proposes variable annuity summary prospectus
Agency wants to improve investor knowledge, but consumer advocate says seven-page example included in proposal has similar weaknesses to Form CRS
2017 largest variable annuity providers
Participating issuers, ranked by net assets and new sales.
DOL fiduciary rule hastening death of L-share variable annuities
Insurers are speeding up their closures of L-share products as regulators crack down, but are quickly introducing new fee-based contracts.
Insurers developing fee-based fixed-indexed annuities post-DOL fiduciary rule
Allianz, Voya, Symetra and Lincoln Financial are forging ahead into virtually uncharted waters for product development.
Variable annuities
Variable annuities – Participating issuers, ranked by net assets Issuer Net assets ($M) % change vs. 2012 Market…
15 transformational advisers: Mark Cortazzo
Mark Cortazzo likes to think a few years into the future.
Carriers look beyond variable annuities
In a bid to appeal to fee-based and fee-only financial advisers, life insurers are resurrecting a once-forgotten product intended to generate a steady stream of retirement income outside the VA arena.
