Proposed suitability model revision would provide enhanced consumer protections requiring those selling annuities to act in the best interest of the consumer, and to disclose potential conflicts of interest.
Recent Annuities News
House and Senate leaders include landmark retirement reform bill benefitting annuities in must-pass federal budget agreement.
MassMutual’s Haven Life unit introduces a new product Boomers can purchase to help their parents avert the risk of outliving their retirement funds.
Northwestern Mutual and RiverSource rank highest in respective product lines according to J.D. Power 2019 U.S. Life Insurance Study.
A Florida insurance agent was recently arrested for allegedly defrauding a Florida senior of approximately $99,000 in an annuity investment scam.
Shawn Plummer, “The Annuity Expert,” explains how annuities can protect retirement savings during volatile times.
When you remove the real estate and government sector, a new analysis from 24/7 Wall St. found the economies of these states are largely driven by the insurance industry.
Just as LIMRA also reported this week that FIAs had their highest sales quarter ever, Wink’s Sales & Market Report says Q2 2019 sales bested previous record by 3%.
Latest annuity sales report from LIMRA Secure Retirement Institute finds FIA sales had highest sales ever during Q2 2019.
Great American Life rallies for industry change, overcomes major taxation hurdle for fee-based annuities
Private Letter Ruling from the IRS changes the tax treatment of advisory fees on fixed indexed annuities
A practical new calculator is helping independent agents show their annuity and life insurance clients the tax benefits of two products over one.