Annuity sales show strong year-over-year gains
Combined sales of fixed and variable annuities totaled $57.8 billion in the first quarter this year, a 17.5% increase compared to 2018.
Annuities
How a new annuity advocacy nonprofit ended up sponsoring the Rolling Stones’ 2019 U.S. tour
The Alliance for Lifetime Income, supported by financial services firms, is the sole sponsor of the Stones’ “No Filter” tour, which kicks off in Chicago June 21.
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.
Industry advocates take victory lap after House passes SECURE Act
After House passes the landmark retirement reform legislation with overwhelming bipartisan support, advocacy groups release statements urging Senate to do the same.
Pacific Life, Blueprint Income launch digital experience to modernize annuity purchasing
The collaboration’s “Next Deferred Income Annuity” offers simple, transparent way to begin building guaranteed income for retirement with as little as $100.
Expect solid growth for indexed annuities through 2023
New sales forecast from LIMRA’s Secure Retirement Institute predicts IA sales will continue to drive sales growth while variable annuities see further declines before rebounding in 2022.
AIG takes top overall spot in annuity sales during record-breaking 2018
For the first time since 2007, AIG Companies has taken over as the top seller of annuities according to recently released data from the LIMRA Secure Retirement Institute.
New leader quick to update IRI’s mission and vision
Annuity industry insider shares accomplishments at REACH event less than two months into his tenure, including unveiling a set of strategic priorities for 2019 and quarterly “town hall” conference calls.
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.
6 big annuity carriers boost Envestnet Insurance Exchange platform launch
Independent advisors can gain access to robust selection of variable, structured, fixed and indexed annuities on single, integrated platform.
