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.

Industry sets records for payouts, coverage and investments in 2017, according to new ACLI...

Latest volume, released Monday, finds life insurance companies paid $77 billion to beneficiaries and $82 billion to owners of annuities in 2017, while maintaining status as the largest institutional investor in the U.S.

Annuity proponents praise bill that would make it easier to include annuities in retirement...

An amendment in The Family Savings Act, HR 6757 passed by the House of Representatives on Sept. 27, would improve access to annuities by removing barriers restricting the types of small business employers permitted to band together to offer a retirement plan.

More than half of all U.S. workers have difficulty understanding retirement savings in terms...

Showing workers their retirement savings as income estimates, financial professionals can help make sure workers are saving enough and confident in their ability to lead the retirement lifestyle they want.

Annuity industry vet Bob Phillips named Executive Director of SAFE

Under Phillips, the industry non-profit Society for Annuity Facts & Education will enhance its mission of providing consumer education across multiple platforms, allowing consumers to make educated decisions about their retirement planning.

Ohio National exits annuity market, shifts to exclusive focus on life and disability income...

Under the new plan, effective September 15, the company will no longer accept applications for annuities or new retirement plans, while continuing to service and support existing clients in both businesses. As a result of this decision, the company will reduce its workforce by approximately 300 positions.

New tools to help advisors manage client portfolios introduced by Allianz, Pacific Life

Allianz Life and Pacific Life each introduced new features and capabilities recently, intended to help financial professionals deliver better service to clients.

Total annuity sales jump 10% in 2Q 2018; FIAs shatter quarterly sales record

New LIMRA Secure Retirement Institute report shows increase bumped by spike in fixed indexed annuity sales.

All fixed annuity types see sales jump 20% in 2Q 2018

Upcoming edition of Wink’s Sales & Market Report for deferred non-variable and structured annuity sales shows 22% growth for indexed annuities compared to the first quarter of the year.

Haven Life acquires online insurance broker Quilt

MassMutual-owned Haven Life Insurance Agency, LLC and Quilt, Inc. will work together to bring “innovative annuity products” to the marketplace. As a result of the deal, Quilt will no longer sell or manage renters or term life insurance.