The latest ACLI data show a 9 percent annual increase in annuity benefits issued by insurers, while premium payments into annuities reached $361 billion.
Industry groups ACLI and NAIFA hail milestone as backing for the model rule spreads to 48 states.
The latest findings offer a glimpse of challenges around inflation, healthcare costs, and Social Security's long-term viability.
The retirement giant is extending its guaranteed income shelf with fixed-income annuity options from Loomis Sayles and Annexus.
The fintech's move to integrate both life insurance and annuities promises to enable more comprehensive financial planning among advisors.
The platforms' alliance will address a major barrier for DPL advisors that want to incorporate annuity and insurance products into their practices.
A new study backed by ACLI suggests systematic withdrawals coupled with a one-time or phased annuitization could create a better retirement income outcome.
The latest Q3 figures point to a $331B year-to-date sales bonanza, a new record for RILA sales, and a fresh high for fixed index annuities.
Survey reveals unsurprising support from fee-only advisors but CEO of Finseca says restricting yourself to one fee model is "just plain stupid."
The independent platform provider of fee-based insurance solutions is giving its RIA consumers access to two new annuity offerings, including one industry-leading product.
In a nod to sales trends that favor protection-focused annuities, the company has added a guaranteed minimum account balance rider for its Elite Access variable annuities.
Survey finds three-fifths of annuity holders wrestling with financial health concerns, while many lack full understanding of the protected income products.
The new retirement savings product, launched in partnership with Pacific Life, offers a fresh option for defined contribution plan participants.
Pension risk transfers, where insurance companies cover defined-benefit liabilities with group annuity contracts, have exploded in popularity – and litigation over them has followed.
Matt Wion, who heads up the company’s retail annuities business, says the “Amazon and Uber effect” means industry improvements are needed to make the buying process easier.
The insurance giant says its latest offering puts it a step ahead against other top-three annuity providers.
A HUB International strategist offers tips for reducing skyrocketing insurance bills.
Investment manager's white paper suggests a rethink for 'common misunderstanding'.
Survey data show crucial communication gaps between financial professionals and investors on protected income, annuities, social security and more.
Those who hate annuities are shortchanging clients, says advisor.
