Category: Annuities - Page 12

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

March 26, 2018

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.

Majority of Americans still unsure about full benefits of permanent life coverage

Insurance Forums Staff

March 21, 2018

Allianz Life’s 2018 Life Insurance Needs Survey finds consumers interested but undereducated about living and tax benefits of whole life, which provides an opportunity for financial professionals to bridge the education gap.

NAFA searching for new leader to tackle long-term goals

Insurance Forums Staff

March 8, 2018

Chip Anderson will be stepping down after three years as fixed annuity association hopes to have a new Executive Director on board in time for its mid-June leadership conference. NAFA is also urging financial professionals to tell Congress to pass the Retirement Enhancement and Savings Act (RESA) before the upcoming budget deadline of March 23.

Agents Behaving Badly Part V: Five recently charged or sentenced due to insurance fraud

Brian Anderson

March 7, 2018

A fearsome fivesome for the fifth installment of our occasional series on ethics-challenged agents running afoul of the law.

Retirees who own an annuity are more confident about maintaining lifestyle

Insurance Forums Staff

February 26, 2018

Study finds the retiree annuity ownership rate is nearly 70% higher among households that have completed a formal plan than households without plans, yet advisors report they have completed formal retirement income plans for only 35% of their retired clients.

Expanded retirement savings opportunities, better access to annuities among IRI policy priorities for 2018

Insurance Forums Staff

February 22, 2018

Just-released 2018 Retirement Security Blueprint focused on expanding opportunities to save for retirement, increasing access to lifetime income and protecting older investors.

Fiduciary Rule concerns spur 8% drop in total 2017 annuity sales

Insurance Forums Staff

February 21, 2018

Uncertainty over DOL’s partially implemented rule blamed for 5% decline in fixed indexed annuity sales, the product line’s first annual decline since 2009, according to just released figures from LIMRA’s Secure Retirement Institute.

Industry Briefs: A quick look at recent life and annuity news of note

Brian Anderson

February 20, 2018

Here’s a roundup of some of the news and events from a wide range of topics coming across the wires from life and health industry organizations and companies lately.

With DOL rule delayed, New York proposes its own consumer protections for life and annuity sales

Insurance Forums Staff

January 3, 2018

Proposed regulation would require that life insurance and annuity sales meet a "Best Interest" standard that protects consumers from unnecessarily high costs and conflicted financial advice.

Voya Financial selling its closed block variable annuity, fixed and fixed indexed annuity businesses

Insurance Forums Staff

December 27, 2017

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.

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

Majority of Americans still unsure about full benefits of permanent life coverage

NAFA searching for new leader to tackle long-term goals

Agents Behaving Badly Part V: Five recently charged or sentenced due to insurance fraud

Retirees who own an annuity are more confident about maintaining lifestyle

Expanded retirement savings opportunities, better access to annuities among IRI policy priorities for 2018

Fiduciary Rule concerns spur 8% drop in total 2017 annuity sales

Industry Briefs: A quick look at recent life and annuity news of note

With DOL rule delayed, New York proposes its own consumer protections for life and annuity sales

Voya Financial selling its closed block variable annuity, fixed and fixed indexed annuity businesses

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