VA clients are less likely to surrender their variable annuities, as living benefits retain high value
Insurer mulling raising fees and cutting benefits on popular product; low interest rates to blame
In the third-quarter, variable annuity sales surged, thanks in large part to MetLife Inc. But the jury is out on how the major insurers' decision to pare back offerings might affect overall VA sales.
Putnam Investments ceo Bob Reynolds today called for the establishment of a regulatory body to approve lifetime-income products.
Oklahoma State University's athletic fund and Lincoln National Life Insurance Co. are embroiled in a legal flap over a failed charitable-insurance-funding plan.
Guggenheim Partners LLC is ramping up its presence in the fixed-indexed-annuity realm with the purchase of an insurer
A federal court decision in Pennsylvania has notched a win for life settlement investors.
