Allianz Life’s Index Annuity Winning Streak
In this second article in a four-part series on the fixed index annuity (FIA) business, we profile Allianz Life, the top issuer of FIAs in the US in 18...
Annuities
Variable annuity client behavior revealed in Ruark survey
'On a nominal basis 81% of GLWB exposure is in-the-money, whereas on an actuarial basis only 11% is in-the-money,' writes Ruark CEO Timothy Paris. (It's complicated.)
Protective pays $1.2bn for Great-West’s individual life and annuity business
'This is the fourth acquisition completed since Protective became part of Dai-ichi in 2015. Dai-ichi considers Protective to be its North American growth platform and continues to aim for...
The Index Annuity Story, Part I
'Zero is the hero' in fixed index annuities, which offer upside without risk of loss. In this first article of a four-part series on FIAs, presented by Retirement Income...
A New Flavor of Variable Indexed Annuity
“You can write this concept out on a cocktail napkin, and ask someone, ‘Are you comfortable with half the downside and more of the upside?’," said Thomas Layton, vice...
Allianz Life enhances popular FIA contracts
New benefits for people with disabilities, a two-year crediting option, and a new lock-in feature have been added to the best-selling Allianz 222, the Minneapolis-based insurer announced.
Sales of Bonds and Fixed Annuities Soar
'The uptick in fixed annuity sales was bolstered by recent volatile equity markets, which had investors seeking solutions with guarantees,' said Todd Giesing, annuity research director, LIMRA SRI.
AIG enhances index annuities
The enhanced Power Series also offers the Russell 2000, a U.S. small-cap stock index, and the MSCI EAFE, an international stock index, in addition to the existing S&P 500,...
Three Annuity Cures for Sequence Risk
New York Life and Fidelity have introduced a variable annuity with principal-protection over 10 years. Similar protection could be obtained with an indexed annuity or with a combination of...
At the Morningstar Investor Conference
Annuity providers failed to sponsor a single booth at the Morningstar conference trade show. That's a bit odd, since they claim to want to break into the registered investment...
To Defer or Not To Defer (SPIA or DIA)?
A deferred income annuity (DA) is cheaper than an immediate income annuity (IA), but an IA generates more income than a comparable risk-free investment, writes our guest columnist, the...
The Reason for SPIAs, from Pfau and Finke
In a new whitepaper sponsored by Principal Financial Group, the two retirement experts from The American College use hypothetical cases to show the advantages of using deferred and immediate...
A retirement readiness tool from Alliance for Lifetime Income
The Alliance for Lifetime Income, a trade group made up mainly of annuity issuers and asset managers, has created an online wizard for calculating retirement readiness.
Annuities that Pay Cash Back Rewards
Gainbridge, a insur-tech startup, aims to sell fixed deferred and period certain income annuities online. Its sister company, Relay, uses annuities to fund cash back rewards cards. Both firms...
Fewest Open Variable Annuity Contracts Since 1997: Morningstar
The top ten VA issuers stayed much the same and accounted for 83% of total sales. TIAA dropped to fourth place from second and AEGON/Transamerica replaced New York Life...
Blueprint Income, a fintech firm, will sell Pacific Life deferred income annuity online
The deferred income annuity is called 'Next.' The two companies envision Generation X-ers using the Blueprint Income platform to buy a personal retirement pension, one installment payment at a...
Tell Us What You Really Think
At the LIMRA-Society of Actuaries Retirement Industry Conference in Baltimore last week, Scott Stolz from Raymond James, Greg Jaeck from Edward Jones and Jarrod Fisher from Simplicity Financial Distributors...
Kindur to Sell American Equity Fixed Annuity with Living Benefits
The fintech startup has chosen to offer ETF portfolios and an American Equity fixed annuity with a living benefit as sources of retirement income for its prospective online customers.
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Allianz Life’s new binary indexed annuity: A remedy for RMDs
Most retirees don’t want to get involved in the management of RMDs, says Matt Gray (photo), a senior vice president for product innovation at Allianz Life. He's got a...
Annexus announces new indexes for Athene, Transamerica annuities
Athene and Annexus also said they intend to launch a new fixed index annuity, called Athene Velocity, with a free built-in income rider, but did not elaborate.
