Fiduciary Rule Divides Fixed And Variable Annuity Worlds
It seems as if the U.S. Department of Labor (DOL) proposal to amend conflict of interest rules around individual retirement accounts (IRAs) has split the annuity world down the middle, with fixed...
View ArticleJapanese Life Insurer Buys StanCorp
In a definitive agreement signed last week, 134-year-old Meiji Yasuda Life, a Tokyo insurer, said it will buy 109-year-old StanCorp Financial Group, a Portland, Ore., group insurer.
View ArticleWhy B/Ds Are Taking A Fresh Look At FIAs
Fixed index annuities (FIAs), the long-time darlings of the insurance agency world, may be on their way to becoming the darlings of their one-time nemesis, the broker/dealer community.
View ArticleMetLife Enters The Individual QLAC Market
MetLife’s announcement that it had entered the individual qualifying longevity annuity contract (QLAC) market offers advisors and their clients more retirement income flexibility.
View ArticleBroker/Dealers Embracing FIAs As Demand Grows
A report found that fixed index annuities made up 10 percent of total broker/dealer annuity sales in 2014, and half of broker/dealers expect this share to continue to grow.
View ArticleObama Delivers Booster Shots To State Retirement Plans
The Obama Administration delivered two booster shots to the retirement industry as part of Monday’s 2015 White House Conference of Aging, held in Washington and online.
View ArticleFitch Warns DOL Rule Would Reduce Choice, Increase Lawsuits
Fitch says the new regulation would make it difficult to quantify the ultimate value balance of annuities and lead to fewer sales -- and more litigation.
View ArticleNAIC to Examine DOL’s Proposed IRA Annuity Rules
Months after the DOL released its proposed rule, the DOL says it is unsure of its impact on insurance. They vow to find out.
View ArticleAnnuities Face A ‘Fiduciary Threat’ As They Enter A Golden Age
Even as the annuity industry seems primed to enter a golden age with retirees looking for guaranteed income, it faces a new “fiduciary threat” from the U.S. Department of Labor (DOL) and the Securities...
View ArticleHow Technology Can Keep Grandma Out Of The Nursing Home
The right technologies allow seniors to age in an environment of their choosing.
View ArticleGenworth Still An LTC Player Despite Sale Talk
Genworth says even if it sells a division it will still sell long-term-care insurance and annuity/LTC combos...
View ArticleFIA Sales Remain Strong
While quarterly fixed annuity sales were down from five-year highs set in 2014, sales remained strong overall and are nearly 40 percent above where they were two years ago.
View ArticleFed Study Shows Bleak, But Not Hopeless, Retirement Picture
The research hits to the core of what is widely being called the American retirement crisis.
View ArticleFIAs Shine A Light In A Foggy Financial Picture
An increase in the federal funds rate could erode your clients’ fixed income investments. Here’s how fixed index annuities can come to the rescue.
View ArticleAnnuities Can Be Part Of A Charitable Gift Replenishment Structure
For advisors with clients deeply committed to their alma maters or their favorite charities, funding charitable gifting through annuities and life insurance offers unique advantages for the donor, the...
View ArticleIndex Annuity Sales See Strong Start in 2015
First quarter index annuity sales were up nearly 5 percent when compared with the same period last year.
View ArticleAnnuities With GLBs Pose Risks To Financial System, FSOC Says
The Financial Stability Oversight Council (FSOC), in its annual report, appeared to voice particular concern with fixed index annuities.
View ArticleFIA Sales Rise In Otherwise Tough 1Q
Fixed index annuity sales were a bright spot in an otherwise dismal quarter for annuity sales.
View ArticleDelaware Life Enters The FIA Market
Its first offering is a policy that includes two volatility control index options sponsored by Deutsche Bank...
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