It’s official: Lincoln’s indexed variable annuity has arrived
The contract's costs, other than those embedded in the performance caps and floors, are 40bps for an income rider, 10 to 30bps for a death benefit and administrative fees,...
Annuities
Indexed annuities sales up in 1Q2018: LIMRA
As for structured annuities, LIMRA is now using the term “registered indexed-linked annuities” to describe them and will include them in its overall variable annuity sales figures. These products...
Annuity wholesalers should be consultants for advisors: Global Atlantic
Many advisors prefer 'a multi-product annuity platform' that allows for 'customizable retirement planning,' the survey by the multi-product annuity provider showed.
How Canadians regard lifetime income: CANNEX
Fewer than half of Canadians surveyed were confident in their ability to maintain their standard of living until age 90, while 58% would expect a decline in living standards...
Lincoln Financial joins the index-linked variable annuity (ILVA) party
'Lincoln Level Advantage' comes with four index options, two term lengths and four levels of protection. It also offers variable subaccounts and a living benefit.
The link between 401(k) litigation and in-plan annuities
Fear of litigation has made 401(k) plan sponsors leery of innovation, including the adoption of annuities as investment options, these authors suggest.
LIMRA Ponders the Annuity Puzzle
'We can stick with business as usual, or we can work with regulators to remove some of the hurdles to selling annuities,' said Ernst & Young's Doug French at...
Great-West to distribute its new indexed VA to RIAs on the RetireOne platform
RIAs hate annuities--unless they can exchange a client's existing contract for something cheaper and more suitable. Great-West sees opportunity there.
It’s Hot Around the ‘Collar’
Nervous investors can get an indexed collar strategy from an annuity or an ETF. Great West Financial and Innovator Capital Management have new products in the category. Cap-and-buffer products,...
Need for annuities is strong but interest still weak: Survey
A new CANNEX/Greenwald survey shows that about four in 10 pre-retirees expect annual income under $50k in retirement; 23% expect $50k-$75k and 16% expect $75k to $99k. Under 20%...
Phoenix issues MYGA annuity
If contract owners can choose to keep the right to take a 10% “free withdrawal” of up to 10% of their premium, their guaranteed interest rate will be 0.25%...
Fixed annuity sales end 2017 on positive note: LIMRA SRI
Sales of book value fixed-rate annuities and indexed annuities were higher in the fourth quarter of 2017 than in the same quarter in 2016, according to LIMRA's Secure Retirement...
Bob Reynolds’ & the Future of 401k
Reynolds emphatically favors the investment interpretation, as does Brian Graff of the American Retirement Association and other industry advocates.
Morningstar Enters the Indexed Age
Just in time for the activation of the DOL fiduciary rule, Morningstar has expanded its Annuity Intelligence resources to include indexed and fixed annuities.
Complex Annuities for a Complex Era
Indexed variable annuities (IVAs) offer a potential solution for paralyzed clients—perhaps for those who feel baffled by a market where both bond and stock prices are at all-time highs....
AIG offers fixed-rate annuity with an income rider
The product offers a 1.5% annual return for seven years and, for 95 basis points a year, a living benefit with a 7.5% simple-interest annual deferral bonus during the...
FIA sales on pace to exceed $60 billion
'While most other annuity products have faltered because of falling interest rates and anticipation of the Department of Labor (DOL) fiduciary rule, FIAs continue to thrive,' said Todd Giesing,...
Which Annuity Is Better? This New Tool Tells You
Cannex, the Toronto-based annuity product data, just announced a new tool, based on research by annuity guru Moshe Milvesky, that enables advisors to do side-by-side comparisons of annuity contracts....
