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.

Indexed annuity sales shatter record while VA sales decline again in 2015

WINDSOR, Conn. — In 2015, indexed annuity sales reached a record-breaking $54.5 billion – an increase of 13% from 2014 according to data from...

Boomers’ confidence in secure retirement sinks to 5-year low

WASHINGTON, D.C. –The Insured Retirement Institute (IRI) on Monday released a new research report that found Baby Boomers’ confidence in having sufficient savings to...

Annuity perks: Corrupting the business or moving it forward?

People either love or hate U.S. Senator Elizabeth Warren. Both sentiments became even more fervent in late April 2015 when she announced her investigation...

Annuity advocates react warmly to proposed SEC rule on VA disclosures

The Securities and Exchange Commission’s recent introduction of a proposal that would modernize the process of disclosing information about variable annuities was met with cries of “it’s about time” from annuity industry advocates.

2016 FMO Executive Outlook, Part II: Positioning for the future

Insurance Forums recently reached out to top executives at a variety of leading field marketing organizations to get their thoughts on the key issues...

Industry Briefs: A quick look at recent life and annuity news of note

Here’s a roundup of some of the news and events from a wide range of topics coming across the wires from life and health industry organizations and companies lately.

4 in 10 Boomers still have no retirement savings; yet only 3 in 10...

Baby boomers remain in large measure unprepared for retirement, having failed both to plan adequately and save enough, according to new study.

Phase II of Fiduciary Rule implementation to be delayed 18 months

Department of Labor proposal released Wednesday would extend the transition period and delay of applicability from Jan. 1, 2018, to July 1, 2019.

FINRA Chair: Even if Trump repeals Fiduciary Rule, it has already reshaped industry

As industry associations including NAFA and IRI scramble to push for further delay of the scheduled June 9 initial implementation, FINRA Chairman Jack Brennan this week said whether or not the rule becomes law is now almost beside the point.