Pandemic, low interest rates combine to cripple Q2 annuity sales

Registered index-linked annuity sales growth the lone bright spot as overall annuity sales decline 24% according to latest Secure Retirement Institute report.

Annuity plan! Annuity plan! I do not like that annuity plan, Mr. Insurance Man!

Sometimes, the most resounding lessons on financial strategy can come from the most unlikely of places. Case-in-point — a classic bedtime story I read to...

Getting Started Selling Annuities

What would you tell someone who wants to get into annuities?  The agent in question came from a life insurance background, but hoped to...

DOL aims for initial 60-day delay in fiduciary rule effective date

It looks like a two-month delay – initially at least – instead of a six-month delay for the applicability date of the Department of...

Report names top carriers, products and sales figures for indexed annuities, fixed annuities and...

The 4Q 2015 edition of Wink’s Sales & Market Report, released March 15 by the Pleasant Hill, Iowa-based third-party market research firm,reveals the top...

Magic Johnson Enterprises acquires EquiTrust Life

LOS ANGELES – Magic Johnson Enterprises (MJE), the urban-focused conglomerate founded by NBA legend and two-time Hall of Famer Earvin “Magic” Johnson, on June...

Investors Heritage nabs title of ‘Fastest Growing U.S. Life and Annuity Insurer’

New report from S&P Global ranks companies based on both direct and net business volumes. Companies also had to have seen at least 25% growth in direct first-year and single premium business as a measure of new production to be considered.

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...

Majority of annuity premium used to create guaranteed income

Study finds those who bought annuities designed for accumulation tend to be under 61, while buyers over age 62 tend to purchase annuities designed to create guaranteed income.

DOL Fiduciary Rule enters first stage in Rulemaking Process

The Department of Labor Fiduciary Rule cleared the first step in the process to becoming an official rule when the Office of Management and...