Indexed annuity sales top all-time record in 2Q, but declining variable sales drag overall...

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...

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 sales fall 8% in 2017 due to economic and regulatory challenges

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.

Annuity IMOs partner up as Futurity First acquires M3 Financial

HARTFORD, Conn. – National independent insurance distribution company Futurity First Financial Corporation (FFFC) announced July 29 that it has acquired M3 Financial, a national...

Ohio National exits annuity market, shifts to exclusive focus on life and disability income...

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.

All fixed annuity types see sales jump 20% in 2Q 2018

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.

2014 indexed annuity sales break previous record by 21%

PLEASANT HILL, Iowa – Total 2014 fourth quarter indexed annuity sales came in at $11.9 billion, up 4% when compared to the previous quarter...

First and foremost, consumers buy annuities to create retirement income

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