Deferred annuity sales hang tough in Q1 despite effects of COVID-19
Wink’s Sales & Market Report finds total deferred annuity sales only declined slightly in the first quarter of the year in spite of the coronavirus pandemic.
Pacific Life, Blueprint Income launch digital experience to modernize annuity purchasing
The collaboration’s “Next Deferred Income Annuity” offers simple, transparent way to begin building guaranteed income for retirement with as little as $100.
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.
New leader quick to update IRI’s mission and vision
Annuity industry insider shares accomplishments at REACH event less than two months into his tenure, including unveiling a set of strategic priorities for 2019 and quarterly “town hall” conference calls.
Annuity sales forecast dark for 2020, brighter for 2021
The Secure Retirement Institute (SRI) is forecasting U.S. annuity sales will struggle in 2020, but are expected to rebound in 2021.
MYGA sales growth dominates among deferred annuities in 1Q 2022, Wink report finds
Latest sales report shows a 2.2% increase over 1Q 2021 deferred annuity sales.
Annuity proponents praise bill that would make it easier to include annuities in retirement...
An amendment in The Family Savings Act, HR 6757 passed by the House of Representatives on Sept. 27, would improve access to annuities by removing barriers restricting the types of small business employers permitted to band together to offer a retirement plan.
Dr. Jack Marrion, Americans for Annuity Protection attack DOL arguments for fiduciary-only rule
PHOENIX – The Department of Labor's own evidence to support its new fiduciary-only rule actually undermines the DOL's justification for its unwarranted disruption of...
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.
Pandemic contributes to 24% drop in Q2 annuity sales
Through first six months of 2020, total annuity sales were $104.4 billion, 16% lower than prior year, with fixed indexed annuities falling to lowest quarterly total since 2015.