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.

Long search ends with Allianz exec being tapped as new leader at NAFA

After a nine-month search, the National Association for Fixed Annuities announces Charles J. “Chuck” DiVencenzo
will take over as its new President & CEO on April 1.

FIAs smash sales record for second straight quarter, up 38% from 3Q 2017

Year-to-date, Fixed Indexed Annuity sales are 22% higher than the first three quarters of 2017. Variable annuity sales continue to rebound, increasing 25% from prior year according to 3Q sales report from LIMRA Secure Retirement Institute.

First and foremost, consumers buy annuities to create retirement income

New LIMRA SRI study of annuity owners finds the top two reasons consumers buy annuities are to supplement Social Security/pension income and to receive guaranteed income payments for life. Two-thirds of pre-retirees say having enough money to last their lifetime is one of their top three goals of retirement.

Indexed annuity sales set records in 3Q: Wink

Non-variable annuity sales for the third quarter of 2018 increased 4.72% as compared to the prior quarter, and improved 0.46% as compared to the same period last year, based on preliminary sales by Wink’s Sales & Market Report released on Nov. 14.

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.

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.

Global Atlantic first carrier to offer annuities on Envestnet Insurance Exchange

Envestnet insurance integration enhances advisors’ wealth management capabilities.

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.