ANNUITIES NEWS


Ohio National exits annuity market, shifts to exclusive focus on life and disability income...

Under the new plan, effective September 15, the company will no longer accept applications for annuities or new retirement plans, while continuing to service and support existing clients in both businesses. As a result of this decision, the company will reduce its workforce by approximately 300 positions.

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Recent Annuities News

New tools to help advisors manage client portfolios introduced by Allianz, Pacific Life

Allianz Life and Pacific Life each introduced new features and capabilities recently, intended to help financial professionals deliver better service to clients.

Total annuity sales jump 10% in 2Q 2018; FIAs shatter quarterly sales record

New LIMRA Secure Retirement Institute report shows increase bumped by spike in fixed indexed annuity sales.

All fixed annuity types see sales jump 20% in 2Q 2018

Upcoming edition of Wink’s Sales & Market Report for deferred non-variable and structured annuity sales shows 22% growth for indexed annuities compared to the first quarter of the year.

Haven Life acquires online insurance broker Quilt

MassMutual-owned Haven Life Insurance Agency, LLC and Quilt, Inc. will work together to bring “innovative annuity products” to the marketplace. As a result of the deal, Quilt will no longer sell or manage renters or term life insurance.

Half of retirement savers are ‘chasers’ behind on savings goals

Anxious savers want to catch up, but worry they may be too late according to new “Chasing Retirement” study from Allianz Life.

Global Atlantic first carrier to offer annuities on Envestnet Insurance Exchange

Envestnet insurance integration enhances advisors’ wealth management capabilities.

Motivation boost: More than 15,000 from 53 countries attend MDRT-Los Angeles

Top producers flock to the City of the Angels looking for ideas to further their careers and help them lead more balanced, healthy lives.

‘Alliance for Lifetime Income’ launches awareness campaign with theme: ‘Protect Your Income. Retire Your...

New 24-company industry coalition – heavy on annuity carriers – rolls out a multi-year, nationwide educational campaign to raise awareness and help consumers understand the importance of protecting a portion of their retirement income to guarantee they won’t outlive their money.

Total annuity sales expected to improve through 2019

Improved economic and regulatory conditions have prompted LIMRA Secure Retirement Institute to forecast total annuity sales to increase 5-10% in 2018 and improve up to 5% in 2019.

Fixed annuity sales on the rise so far in 2018

Industry-wide annuity sales up slightly according to IRI’s First Quarter 2018 Annuity Sales Report.

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