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Nationwide’s Eric Henderson set to step down
The president of the financial giant’s annuity business is exiting at the end of 2024, capping off a transformative four-decade career.
Annuities make target dates more complicated
BlackRock CEO Larry Fink and others see a big future for target-date funds with annuities, but teaching people how to use them is a challenge.
LeafHouse, ARS bring managed accounts to retirement plans
Tech tie-up taps 401(k) target-date funds from State Street to create personalized lifetime income for workplace plan participants.
Which assets do global insurers expect their best returns to come from?
Goldman Sachs report reveals expectations of firms with $13 trillion on their balance sheets.
Luma forges annuity management alliance with Pershing
The partnership will unlock educational resources, analytics, and tools to help advisors manage annuity sales on Pershing’s platform.
Home insurance premiums heading still higher
The average premium for homeowners insurance is expected to rise 6 percent this year, following an increase of roughly 20 percent over the past two years, amid intensifying natural disasters.
WealthVest adds new wholesale team to add to growing Aspida annuities sales
The team will be the exclusive distributor of the products across 49 states.
Schlichter explores pension risk transfer lawsuit against Alcoa
The law firm, which has brought two cases this month over pension risk transfers, is looking for participants and beneficiaries of Alcoa's pension plan.
Ensuring alimony payments continue despite premature death
One of the most effective ways to secure alimony against the risk of premature death is through life insurance.
Empower unveils comprehensive retirement income suite
The DC plan provider is rolling out an expansive shelf of retirement solutions through multiple partnerships.
Fintech iPipeline unveils annuity order tracker
In a first for the industry, the platform offers advisors the ability to manage annuity purchases from multiple carriers in real time.
Schlichter’s message to pension sponsors: Be very careful with PRTs
Many pension risk transfers in recent years have gone to Athene, and two recent suits over plans' choice of the insurer suggest more cases will follow.
Companies transferred billions in pension assets to annuities. Here come the lawsuits
The law firm behind one of the cases is well-known for its 401(k) and 403(b) litigation: Schlichter Bogard.
Fintech Flourish expands fee-based annuity shelf
The advisor tech provider is streamlining the annuity process for RIAs as it adds another carrier to its platform.
Annuity sales leaderboard changes as more sales go indie
Fixed annuity sales broke records, pushing Athene Annuity & Life to top-seller status.
Limra partnership takes aim at life insurance, retirement plan fraud
The collaboration aims to empower insurers, retirement service providers and other stakeholders against financial crime.
Advisors can help fill life insurance gender gap, Limra says
Women have less insurance coverage and more concerns than men, but financial professionals can step in to bust myths about insurance.
Indiana adopts NAIC best-interest model for annuity sales
Industry groups hail state’s new rule as a win for annuity consumer protection.
California governor backs best-interest bill for annuity sales
Gov. Newsom’s signing of SB 263 makes California the 44th state to adopt the NAIC's controversial model for annuity transactions.
MetLife and Fidelity partner for new retirement income solution
The partnership would make a guaranteed lifetime income product available to more US workers in their defined-contribution plans.