Fixed indexed annuity sales totaling $16.2 billion in the second quarter of 2016 were 30% higher than 2Q in 2015 and surpassed all prior...
Registered index-linked annuity sales growth the lone bright spot as overall annuity sales decline 24% according to latest Secure Retirement Institute report.
Variable annuity sales dip 9%, marking first time in 20 years that annual VA sales fell below $100 billion. Jackson National Life, New York Life and Allianz Life top sales in variable annuities, fixed annuities and indexed annuities, respectively.
HARTFORD, Conn. – National independent insurance distribution company Futurity First Financial Corporation (FFFC) announced July 29 that it has acquired M3 Financial, a national...
Under the new plan, effective September 15, the company will no longer accept applications for annuities or new retirement plans, while continuing to service and support existing clients in both businesses. As a result of this decision, the company will reduce its workforce by approximately 300 positions.
Voya Financial selling its closed block variable annuity, fixed and fixed indexed annuity businesses
Athene part of a consortium of investors involved, and will take over the significant majority of Voya’s individual fixed and fixed indexed annuity policies in force with approximately $19 billion of account value.
Upcoming edition of Wink’s Sales & Market Report for deferred non-variable and structured annuity sales shows 22% growth for indexed annuities compared to the first quarter of the year.
PLEASANT HILL, Iowa – Total 2014 fourth quarter indexed annuity sales came in at $11.9 billion, up 4% when compared to the previous quarter...
New LIMRA SRI study of annuity owners finds the top two reasons consumers buy annuities are to supplement Social Security/pension income and to receive guaranteed income payments for life. Two-thirds of pre-retirees say having enough money to last their lifetime is one of their top three goals of retirement.
Great American Life rallies for industry change, overcomes major taxation hurdle for fee-based annuities
Private Letter Ruling from the IRS changes the tax treatment of advisory fees on fixed indexed annuities