Income Outcome
By Kerry Pechter
A 62-year-old woman, newly retired, wanted exactly $600-a-month to supplement her Social Security benefit, starting immediately. She asked New Jersey advisor Andy Panko to locate the lowest-cost source of such an income.
By Editorial Staff
Federal watchdog report briefly covers U.S. insurance industry; Fidelity's annuity platform adds rare Fidelity annuity; High surrender rates accompany high annuity sales, AM Best says; Greg Lindberg pleads guilty to $2 billion fraud; Retirement got tougher for more people in 2024: EBRI.
By Editorial Staff
Corebridge loses $1.2 billion on Fortitude Re derivative; Brighthouse turns to reinsurance for capital support; Kuvare-owned life insurer enhances FIA; RGA sidecar raises $480 million in capital.