FIAs smash sales record for second straight quarter, up 38% from 3Q 2017

Year-to-date, Fixed Indexed Annuity sales are 22% higher than the first three quarters of 2017. Variable annuity sales continue to rebound, increasing 25% from prior year according to 3Q sales report from LIMRA Secure Retirement Institute.

With DOL rule delayed, New York proposes its own consumer protections for life and...

Proposed regulation would require that life insurance and annuity sales meet a "Best Interest" standard that protects consumers from unnecessarily high costs and conflicted financial advice.

Annuity sales show strong year-over-year gains

Combined sales of fixed and variable annuities totaled $57.8 billion in the first quarter this year, a 17.5% increase compared to 2018.

5 points of interest from Advisor Network Summit speakers

The inaugural Advisor Network Summit wrapped up its three-day run at the Venetian in Las Vegas last Friday. The event featured 18 different educational...

Bum knees push Kim O’Brien to sudden retirement as NAFA president and CEO

WASHINGTON, D.C. – The National Association for Fixed Annuities (NAFA) on Tuesday, Jan. 20, announced the retirement of Kim O'Brien, President & CEO, from...

Industry advocates take victory lap after House passes SECURE Act

After House passes the landmark retirement reform legislation with overwhelming bipartisan support, advocacy groups release statements urging Senate to do the same.

Hegna opens Advisor Network Summit with the secret to a long and happy retirement

Author, economist and retirement solutions expert Tom Hegna kicked off the Advisor Network Summit in Las Vegas on Wednesday with a keynote address revealing...

Fidelity & Guaranty Life terminates $1.6 billion merger with Anbang

Fidelity & Guaranty Life has terminated its previously announced $1.6 billion merger agreement with Beijing, China-based Anbang Insurance Group, according to an April 17...

After Fifth Circuit vacates Fiduciary Rule, NAFA & DOL agree to drop lawsuit

If the DOL does not seek a review of the decision by April 30, the court’s mandate will go into effect May 7, dissolving the rule. The DOL also has until June 13 to ask the U.S. Supreme Court to hear its appeal of the decision.

Advisors on carriers: Product and fees are important, but service is the differentiator

While product features and competitive costs will initially get an advisor’s attention, ongoing service and support will keep it, a new LIMRA/EY study finds.