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.

Factors driving the growth of the income annuity market

A new joint study by LIMRA Secure Retirement Institute and CANNEX reveals that even whilemarket forces have raised the cost of securing guaranteed lifetime...

DOL releases Fiduciary Rule FAQs

The first of what could be three or possibly more sets of “Frequently Asked Questions” regarding implementation of the Fiduciary Rule have been posted...

How a new annuity advocacy nonprofit ended up sponsoring the Rolling Stones’ 2019 U.S....

The Alliance for Lifetime Income, supported by financial services firms, is the sole sponsor of the Stones’ “No Filter” tour, which kicks off in Chicago June 21.

DOL Fiduciary Rule will go into effect June 9

Labor Secretary Acosta announces initial implementation will begin June 9 as the agency will continue to review the rule up until final implementation on January 1, 2018.

NAFA searching for new leader to tackle long-term goals

Chip Anderson will be stepping down after three years as fixed annuity association hopes to have a new Executive Director on board in time for its mid-June leadership conference. NAFA is also urging financial professionals to tell Congress to pass the Retirement Enhancement and Savings Act (RESA) before the upcoming budget deadline of March 23.

Indexed annuity sales booming in 2016, but likely to regress sharply in 2017

Boosted by a predicted strong second half of 2016, indexed annuity sales are projected to increase by 15% to 20% compared to 2015 and...
life insurance sales

2019 annuity sales reach highest level since 2008

Fixed indexed annuity sales break all-time record thanks to strong performance in the first half of the year, according to Secure Retirement Institute data.

Annuity industry vet Bob Phillips named Executive Director of SAFE

Under Phillips, the industry non-profit Society for Annuity Facts & Education will enhance its mission of providing consumer education across multiple platforms, allowing consumers to make educated decisions about their retirement planning.

Transamerica opens state-of-the-art lab to evolve its business-building platform through agent input

Transamerica recently announced the opening of the Innovation Zone, a state-of-the-art lab in Johns Creek, Ga., where agents are welcome to review new technology as well as test and offer feedback on the future of these platforms.