Indexed annuities, indexed life sales both enjoy best 2Q ever
PLEASANT HILL, Iowa – Total second quarter indexed annuity sales were $12.2 billion, up nearly 8% when compared to the previous quarter, and down over ... Read more
Annuities
IRI proposes changes to the Department of Labor’s Fiduciary Rule
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) recently submitted a comment letter to the Department of Labor (DOL) regarding the DOL’s proposed fiduciary rule. ... Read more
Annuity sales for 2Q rebound from slow 2015 start but fall below prior year results
WINDSOR, Conn. — U.S. annuity sales totaled $60.2 billion in the second quarter 2015, 3% lower than sales recorded prior year, according to LIMRA Secure ... Read more
Hegna opens Advisor Network Summit with the secret to a long and happy retirement
Author, economist and retirement solutions expert Tom Hegna kicked off the Advisor Network Summit in Las Vegas on Wednesday with a keynote address revealing that ... Read more
Broker-Dealers embracing Fixed Indexed Annuities as demand grows
WASHINGTON, D.C. – The Insured Retirement Institute (IRI) on July 20 released a new research report showing that fixed indexed annuities (FIAs) are becoming a ... Read more
Annuity perks: Corrupting the business or moving it forward?
People either love or hate U.S. Senator Elizabeth Warren. Both sentiments became even more fervent in late April 2015 when she announced her investigation into ... Read more
Dr. Jack Marrion, Americans for Annuity Protection attack DOL arguments for fiduciary-only rule
PHOENIX – The Department of Labor’s own evidence to support its new fiduciary-only rule actually undermines the DOL’s justification for its unwarranted disruption of consumer ... Read more
Magic Johnson Enterprises acquires EquiTrust Life
LOS ANGELES – Magic Johnson Enterprises (MJE), the urban-focused conglomerate founded by NBA legend and two-time Hall of Famer Earvin “Magic” Johnson, on June 23 ... Read more
Total annuity sales drop 7% in 1Q 2015; indexed annuities up 3%
WINDSOR, Conn. — Total U.S. annuity sales dropped 7% in the first quarter, totaling $54.4 billion, according to LIMRA Secure Retirement Institute’s first quarter U.S. ... Read more
NAFA responds to Warren request for annuity sales incentive info from leading carriers
NAFA, the National Association for Fixed Annuities, issued the following statement on May 11 in regard to the request for information Senator Elizabeth Warren (D-Mass.) ... Read more
