DOL wants more public input on Fiduciary Rule
Comments - some due by July 21 - seek input on whether to delay the Jan. 1 full implementation date and suggestions for streamlining the Rule's major provisions.
Indexed Annuities
‘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 for ... Read more
New legislation introduced to delay DOL Rule implementation
The insurance industry is cautiously proceeding as if the Fiduciary Rule will in fact begin implementation on April 10, but the incoming Trump Administration and ... Read more
DOL releases Fiduciary Rule FAQs
The first of what could be three or possibly more sets of “Frequently Asked Questions” regarding implementation of the Fiduciary Rule have been posted by ... Read more
Indexed annuity sales top all-time record in 2Q, but declining variable sales drag overall totals to 3% decline
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 quarterly ... Read more
Indexed annuity sales booming in 2016, but likely to regress sharply in 2017
Boosted by a predicted strong second half of 2016, indexed annuity sales are projected to increase by 15% to 20% compared to 2015 and top ... Read more
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 annuity ... Read more
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 income ... Read more
Report names top carriers, products and sales figures for indexed annuities, fixed annuities and indexed life
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 carriers, ... Read more
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 LIMRA ... Read more
