‘RIAs, You’ve Got to Try This’: Macchia
'A recent article said that high valuations make this the worst possible time to retire. I say, This is the perfect time to retire if your advisor has provided...
Annuities
New digital MYGA platform from Blueprint Income
'We're seeing that many of those nearing retirement want to have at least a portion of their money earning a guarantee, whether that's a guaranteed return or guaranteed income,'...
Jackson joins Envestnet Insurance Exchange
Envestnet will be offering a service called Guidance Desk that will allow unlicensed RIAs access to the consulting and fiduciary services that would enable them to use the Insurance...
Which annuities pay the most income? Cannex has a clue.
'Our study reveals a complex story—the highest guaranteed income product varies significantly by client and when income begins,' said Tamiko Toland, head of Annuity Research at Cannex.
Meet the Dare-Devils Who Own Annuities
In an elaborate media event to launch the Alliance for Lifetime Income, a jet-car driver, a shark wrangler, and four C-level life insurance company executives gathered in and around...
TIAA VA joins RetireOne annuity platform for RIAs
TIAA Life will also add its no-load fixed annuity, which has 10 guarantee period options, and a no-load single premium immediate annuity, to the RetireOne platform.
People who think annuities are ‘fair’ are more likely to buy one
People who worry about becoming a burden on family and people who are relatively less loss-averse are also more open to the idea of buying annuities, a study by...
New FIA bets on growth in aging-related industries (Duh!)
The Retirement Plus Multiplier Annuity issued by A-CAP insurers and distributor Saybrus Partners offer access to a Goldman-Sachs index that tracks healthcare and real estate companies that may benefit...
Lincoln Financial to distribute new indexed annuity through Market Synergy Group
Lincoln's new Retirement Safeguard FIA features built-in lifetime income, including a benefit multiplier while saving for retirement, an option for increasing income in retirement, and an enhanced death benefit.
‘Pent-up demand’ lifted annuity sales in 2Q2018
'The Insured Retirement Institute has remained confident that annuities sales would rebound due to pent up demand for these solutions,' said IRI President and CEO Cathy Weatherford, in a...
A bit of recovery in variable annuity sales
'2012- and 2013-vintage contracts remain the best-sellers both by average sales volume and total sales volume by year. Of the top 100 selling VAs in Q2 2018, 25 were...
Making Annuities Easier for RIAs
It's no longer a minority report. We talk to executives at Envestnet, DPL Financial, RetireOne, Allianz Life and United Capital about new platforms for helping registered investment advisors integrate...
Allianz Life leads in total sales of fixed deferred annuities: Wink
Indexed annuity sales for the second quarter were $17.3 billion; up nearly 22.0% when compared to the previous quarter, and up more than 18.4% when compared with the same period...
Net income of U.S. life/annuity industry drops in first-half 2018: A.M. Best
Mortgage loans constituted 12.4% of total invested assets in the first half of 2018, up 41% from the first half of 2014, according to a new Best's Special Report.
Allianz Life adds living benefit to structured index annuity
The new Allianz product offers four index options, two death benefit options, five combinations of performance caps and downside buffers and a living benefit rider with deferral bonuses and...
Annuity sales jump 10% percent in 2Q2018: LIMRA SRI
LIMRA Secure Retirement Institute research chief Todd Giesing predicted that fixed-rate deferred annuity sales would increase 15% to 20% percent this year and by as much as 25% in...
New 5-year indexed annuity contract from Eagle Life
Eagle Select Focus 5 offers a new allocation option with the uncapped upside that investors seem to prefer: the 'S&P 500 Dividend Aristocrats Daily Risk Control 5% Excess Return with...
Mortality “much lower” in annuities with living benefits: Ruark
'Aggregate variable annuity mortality has declined 3% since 2015, attributable to a combination of underlying mortality improvement and changes in business mix,' according to Ruark Consulting LLC.
Prudential sells $923 million group annuity to Raytheon
The agreement transfers the responsibility for paying certain pension benefits to approximately 13,000 U.S. retirees, as well as their beneficiaries, from Raytheon’s previously discontinued operations.
A Letter to RIJ from Moshe Milevsky
The York University finance professor, author and annuity consultant suggests that academics focus less on trying to solve the 'annuity puzzle' and more on 'normative advice.'
