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.

Another Record-Breaking Quarter for Annuity Sales

The first quarter of 2023 experienced the highest quarterly annuity sales ever recorded, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey.

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...

Vacated Fiduciary Rule, higher interest rates lead to record 2018 annuity sales

Total annuity sales have best quarter in a decade, led by fixed annuity sales hitting all-time high, LIMRA Secure Retirement Institute reports.

‘Feeding Frenzy’ among IMOs looking to sign insurance-only agents ahead of DOL implementation

There will be a “feeding frenzy” among financial institution independent/field marketing organizations (IMOs/FMOs) going after a pool of insurance-only agents as the industry prepares...
life insurance sales

2019 annuity sales reach highest level since 2008

Fixed indexed annuity sales break all-time record thanks to strong performance in the first half of the year, according to Secure Retirement Institute data.

After Fifth Circuit vacates Fiduciary Rule, NAFA & DOL agree to drop lawsuit

If the DOL does not seek a review of the decision by April 30, the court’s mandate will go into effect May 7, dissolving the rule. The DOL also has until June 13 to ask the U.S. Supreme Court to hear its appeal of the decision.

Brookfield Re Acquires American Equity in $4.3 Billion Deal

Canadian asset manager enters into definitive agreement July 5 to buy indexed annuity pioneer AEL after earlier unsuccessful efforts

Americans show strong interest in financial solutions with opportunity for increasing income

MINNEAPOLIS – In order to help address the risks caused by inflation, many Americans are looking to financial products that not only provide guaranteed...

6 big annuity carriers boost Envestnet Insurance Exchange platform launch

Independent advisors can gain access to robust selection of variable, structured, fixed and indexed annuities on single, integrated platform.