Long search ends with Allianz exec being tapped as new leader at NAFA

After a nine-month search, the National Association for Fixed Annuities announces Charles J. “Chuck” DiVencenzo
will take over as its new President & CEO on April 1.

IRI proposes changes to the Department of Labor’s Fiduciary Rule

WASHINGTON, D.C. – The Insured Retirement Institute (IRI) recently submitted a comment letter to the Department of Labor (DOL) regarding the DOL’s proposed fiduciary...

Protective Life enters $1.2B agreement with Great-West to reinsure individual life and annuity business

When closed, transaction will be the largest acquisition in Protective Life’s history.

Upside Index Potential: A Fixed Index Annuity Breakdown

Which Fixed Index Annuity (FIA) offers the best upside index potential?  It depends on the client, the state, the length of contract, and other...

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...

SEC adopts Regulation BI in 3-1 vote

The Securities and Exchange Commission (SEC) voted in favor of adopting a final amended version of the Regulation Best Interest rulemaking package on Tuesday, drawing praise from the insurance industry.

Jackson National tops annuity sales rankings in latest Wink report

Report finds annuities on track for biggest sales year ever according to Wink’s Sheryl Moore.

10 annuity strategies with high client appeal

Along with life insurance, annuities are one of the most flexible products available for helping clients successfully meet their financial objectives. Here are 10...

Fiduciary Rule concerns spur 8% drop in total 2017 annuity sales

Uncertainty over DOL’s partially implemented rule blamed for 5% decline in fixed indexed annuity sales, the product line’s first annual decline since 2009, according to just released figures from LIMRA’s Secure Retirement Institute.

Delay in DOL Rule prompts LIMRA Secure Retirement Institute to adjust annuity sales forecast...

While 2017 annuity sales totals are still tracking toward a decline, the Institute has revised its 2018 forecast and now predicts a 5% increase of overall annuity sales next year.