Annuity advocates react warmly to proposed SEC rule on VA disclosures

The Securities and Exchange Commission’s recent introduction of a proposal that would modernize the process of disclosing information about variable annuities was met with cries of “it’s about time” from annuity industry advocates.

SEC’s Regulation BI to Undergo Scrutiny in March 14 Congressional Hearing

Pointed questions sure to come when Democratic committee leadership convenes hearing on the controversial SEC proposal.

Total annuity sales expected to improve through 2019

Improved economic and regulatory conditions have prompted LIMRA Secure Retirement Institute to forecast total annuity sales to increase 5-10% in 2018 and improve up to 5% in 2019.

Indexed annuity sales off to strong start in 2018

With the DOL fiduciary rule being vacated, the LIMRA Secure Retirement Institute is now forecasting an indexed annuity sales increase between 5 and 10% this year.

Consumers like the idea of guaranteed lifetime income, but have little familiarity with annuities,...

The greatest financial challenge facing retirees is determining how to make sure their money lasts as long as they do. That challenge is exacerbated...

Genworth suspends LTCI, annuity sales through BGA channel

Company has temporarily suspended sales of individual long-term care insurance and income Assurance Annuity products through the brokerage general agency channel in all states, effective as of Monday, March 11.

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...

Agent-friendly tool for calculating annuity and life plans introduced

A practical new calculator is helping independent agents show their annuity and life insurance clients the tax benefits of two products over one.

Industry orgs urge new Labor Secretary Acosta to delay Fiduciary Rule’s June 9 implementation

Just as soon as the U.S. Senate confirmed Alexander Acosta as Secretary of Labor on April 27, a variety of insurance and financial services...

Mark Williams named President at Brokers International

Mark Williams, pictured at right, has been named the new President of Brokers International, Ltd., succeeding longtime President and CEO William (Bill) McCarty, who...