Annuities Archives - Page 2 of 22 - Retirement Income Journal

MassMutual platform to distribute Aspida Life fixed-rate annuities

By Editorial Staff Wed, Mar 13, 2024

The platform, Flourish, is a wholly owned and independently operated subsidiary of MassMutual. It serves more than 750 wealth management firms managing some $1.5 trillion in financial assets.

Published March 2024

MetLife to offer income annuities on Fidelity’s platform

By Editorial Staff Mon, Mar 4, 2024

The MetLife solution enables participants at all savings levels to purchase an immediate income annuity through an insurer selected by their employer and annuitize any portion of their savings,...

Published March 2024

Meet the Newest Platform in the 401(k) Annuity Space

By Kerry Pechter

'We’re a product design firm,' ALEXIncome co-founder E. Graham Clark told RIJ. 'We feel we’ve built the best process for integrating annuities into retirement accounts.'

Published March 2024

After record sales year for annuities, LIMRA predicts strong 2024

By Editorial Staff

For all of 2023, FRD annuity sales totaled $164.9 billion, up 46% from the record set in 2022, and more than triple the 2021 sales ($53.1 billion), according to...

Published March 2024

Of Athene, Pension Risk Transfers, and Fiduciaries

By Kerry Pechter Fri, Jul 28, 2023

The ERISA Advisory Council recently heard comments on changing the criteria that fiduciaries use when vetting annuity providers in pension risk transfer deals. Athene's vice chairman defended his company's...

Published July 2023

Demographics and interest rate policy favor annuities: LIMRA

By Editorial Staff Thu, Jun 23, 2022

The US population aged 65 or over is expected to grow by more than 8.5 million by 2026, LIMRA said. Individual annuity sales cluster around age 65.

Published June 23, 2022

Nationwide is 13th life insurer nabbed by New York

By Editorial Staff Thu, Jun 9, 2022

To date, New York's industry-wide investigation has led to settlements with thirteen life insurance companies, totaling about $29 million in restitution and penalties.

Published June 9, 2022

Fixed-Rate Annuities: First Quarter Favorites

By Editorial Staff Wed, May 25, 2022

“FIA and RILA sales were both slightly down from the prior quarter. That might reflect some investor uneasiness about equity index-linked products,” said Todd Giesing, head of LIMRA Annuity...

Published May 26, 2022

>$Billion Sellers of Fixed Annuities

By Editorial Staff

Published May 26, 2022

Church-affiliated retirement plan adopts Pacific Life longevity annuity

By Editorial Staff Thu, May 19, 2022

'We are honored to be selected as the provider for the QLAC portion of the LifeStage Retirement Income program,' said Ruth Schau, senior director of Pension Solutions for Pacific...

Published May 19, 2022

The ‘Retirement Income Consortium’ is Born

By Kerry Pechter Thu, May 5, 2022

Eight financial giants formed the Retirement Income Consortium to promote income solutions in 401(k) plans and 'develop a vetted due diligence framework' for 'selection and monitoring' of those solutions.

Published May 5, 2022

Why RIJ Obsesses over the ‘Bermuda Triangle’

By Kerry Pechter

Private equity is no longer a sideshow in the annuity industry. Its involvement is now the main event. But we know too little about private equity’s growing role in...

Published May 5, 2022

Annuity sales on pace for another $250bn year

By Editorial Staff Wed, May 4, 2022

'Both fixed indexed annuities and fixed-rate deferred products benefited from the significant interest rate increases in the first quarter,” said Todd Giesing, assistant vice president, SRI Annuity Research (in...

Published May 5, 2022

Prudential divests $31 billion block of in-force VAs

By Editorial Staff Tue, Apr 5, 2022

Prudential executive vice president and head of US Businesses Andy Sullivan said his company will focus on selling more of its “protected outcome solutions, like FlexGuard and FlexGuard Income.”

Published April 7, 2022

Deferred annuity sales reach $243 billion in 2021: Wink

By Editorial Staff Thu, Mar 17, 2022

The top selling annuity issuers by category were Jackson National (variable), Athene (indexed), Allianz Life (structured), and Global Atlantic (fixed-rate). Jackson and MassMutual were the top sellers of variable...

Published March 17, 2022

New MassMutual VA features RetirePay, an income rider

By Editorial Staff Wed, Mar 16, 2022

Best known as a fixed annuity specialist, MassMutual had just $11.7 billion in VA assets under management as of Sept. 30, 2021, according to Morningstar. Overall, MassMutual was ranked...

Published March 17, 2022

Life/annuity industry moving toward equilibrium: AM Best

By Editorial Staff Fri, Mar 11, 2022

The life/annuity industry is approaching an equilibrium between companies seeking 'to build a less capital-intensive business' and those with 'a capital-intensive business appetite,' the ratings agency said.

Published March 11, 2022

A Policy Dynamo Touts ‘Dynamic Pensions’

By Kerry Pechter Thu, Feb 24, 2022

Bonnie-Jeanne MacDonald, an actuary and retirement policy expert at Canada's National Institute on Aging, claims that a non-guaranteed lifetime income tool could generate more income than any annuities. Tontines,...

Published February 23, 2022

Assets in TIAA’s custom RetirePlus TDFs cross $10 billion milestone

By Editorial Staff

TIAA's RetirePlus gives 403(b) plan participants access to a customized target date fund with an investment sleeve that can be turned into lifetime income.

Published February 23, 2022

RetireOne partners with DFA, Midland National Life on stand-alone living benefit

By Editorial Staff Thu, Feb 17, 2022

Many RIAs would like to give their clients a lifetime income guarantee without cannibalizing their assets under management. A contingent deferred annuity, aka a stand-alone living benefit, lets them...

Published February 17, 2022

1 2 3 4 … 22

Data Connection

Lists*