Vacated Fiduciary Rule, higher interest rates lead to record 2018 annuity sales

Total annuity sales have best quarter in a decade, led by fixed annuity sales hitting all-time high, LIMRA Secure Retirement Institute reports.

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.

Annuity sales forecast dark for 2020, brighter for 2021

The Secure Retirement Institute (SRI) is forecasting U.S. annuity sales will struggle in 2020, but are expected to rebound in 2021.

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.
life insurance sales

2019 annuity sales reach highest level since 2008

Fixed indexed annuity sales break all-time record thanks to strong performance in the first half of the year, according to Secure Retirement Institute data.

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.

Deferred annuity sales hang tough in Q1 despite effects of COVID-19

Wink’s Sales & Market Report finds total deferred annuity sales only declined slightly in the first quarter of the year in spite of the coronavirus pandemic.

Signing On With A Fee-Based IMO: A Win-Win?

What would your thoughts be on a fee-based IMO?  An agent in the forum posed the idea of an IMO that charged a fee...

Another record for fixed indexed annuity sales: LIMRA

Latest annuity sales report from LIMRA Secure Retirement Institute finds FIA sales had highest sales ever during Q2 2019.

Fiduciary Rule concerns spur 8% drop in total 2017 annuity sales

Uncertainty over DOL’s partially implemented rule blamed for 5% decline in fixed indexed annuity sales, the product line’s first annual decline since 2009, according to just released figures from LIMRA’s Secure Retirement Institute.