‘Alliance for Lifetime Income’ launches awareness campaign with theme: ‘Protect Your Income. Retire Your...

New 24-company industry coalition – heavy on annuity carriers – rolls out a multi-year, nationwide educational campaign to raise awareness and help consumers understand the importance of protecting a portion of their retirement income to guarantee they won’t outlive their money.

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.

Fixed annuity sales on the rise so far in 2018

Industry-wide annuity sales up slightly according to IRI’s First Quarter 2018 Annuity Sales Report.

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.

FedEx buys $6 billion group annuity contract from MetLife to reduce pension obligations

The largest U.S. pension transaction by premium in the last five years continues the market trend of more plan sponsors transferring their pension obligations to insurance companies.

Formal retirement planning a ‘win-win’ for advisors and consumers

LIMRA SRI research confirms that formal retirement plans lead to significantly increased sales of annuities, while nearly half of affluent clients with a formal plan consolidate vast majority of their assets with their advisors.

New IRI Retirement Fact Book connects retirement risk and concepts with products and solutions

The Insured Retirement Institute’s newly released 2018 Fact Book intends to help insurance and financial advisors explain complicated retirement strategies and financial instruments in simple terms.

Annuities underutilized for tax-free LTC benefits, data suggests

New guide aims to educate consumers and financial professionals about how 1035 exchanges can provide advantages for tax and long-term care planning.

Nationwide on indy side: Carrier to transition to full independent agency distribution model by...

Approximately 2,000 existing agents who have been operating under the Nationwide brand may transition to an independent agency model or could stay captive under another carrier.

4 in 10 Boomers still have no retirement savings; yet only 3 in 10...

Baby boomers remain in large measure unprepared for retirement, having failed both to plan adequately and save enough, according to new study.