Indexed annuities shatter sales record in 2Q 2014

Second-quarter 2014 sales of indexed annuities set a new record, eclipsing the 4Q 2013 record by nearly 9%, according to just-released figures from Wink’s...

Phase II of Fiduciary Rule implementation to be delayed 18 months

Department of Labor proposal released Wednesday would extend the transition period and delay of applicability from Jan. 1, 2018, to July 1, 2019.

Half of retirement savers are ‘chasers’ behind on savings goals

Anxious savers want to catch up, but worry they may be too late according to new “Chasing Retirement” study from Allianz Life.

SEC adopts Regulation BI in 3-1 vote

The Securities and Exchange Commission (SEC) voted in favor of adopting a final amended version of the Regulation Best Interest rulemaking package on Tuesday, drawing praise from the insurance industry.

Fixed, variable annuities post highest sales since 2008: IRI Report

Insured Retirement Institute report finds 2021 fixed and variable annuity sales increased by 12.3%.

Best annuity markets for advisors revealed in new report from IAP Analytics

“Austin, Texas is one great annuity market for advisors. As a metropolitan area, it’s got a track record of growth that’s four times the...

Disruption leads to innovation in the annuity market

There is little doubt that the Department of Labor’s (DOL) fiduciary rule – if indeed implemented – will disrupt the existing financial services’ business...

NAFA searching for new leader to tackle long-term goals

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.

New ‘Relay’ immediate annuity from Group1001 offers cash back rewards

Company introduces a financial product with no contract fees or surrender penalties to reward smart spending habits with cash back by using a pre-paid debit card.

Congress tacks SECURE Act to 2020 spending bill

House and Senate leaders include landmark retirement reform bill benefitting annuities in must-pass federal budget agreement.