Total annuity sales have best quarter in a decade, led by fixed annuity sales hitting all-time high, LIMRA Secure Retirement Institute reports.
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.
The Secure Retirement Institute (SRI) is forecasting U.S. annuity sales will struggle in 2020, but are expected to rebound in 2021.
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.
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.
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.
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.
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...
Latest annuity sales report from LIMRA Secure Retirement Institute finds FIA sales had highest sales ever during Q2 2019.
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.