Sizing Up Lincoln Financial
Over the past 40 years, events and trends have helped determine Lincoln Financial Group's size today, which is smaller than its rivals in the individual annuity market. Former Lincoln...
Annuities
Applying Actuarial Science to Income Planning
Adviser Mark Shemtob uses actuarial science to analyze and compare retirement income strategies that employ both annuities and investments.
Extreme Longevity? He Lives It
Nearing age 100, social scientist Jacob S. Siegel is still vigorously lecturing and writing. He spoke about the 'demography of retirement' at the triennial 'Living to 100 Symposium' in...
TD Ameritrade offers two Pacific Life annuities for RIAs
It keeps getting easier for registered investment advisers (RIAs) to buy no-commission annuities through online platforms. But will RIAs recommend annuities to clients? The jury is still out.
A Look Back at (and Beyond) the ‘Stretch’ IRA
Under the new SECURE Act, most non-spouses must withdraw and pay taxes on inherited IRA assets within ten years instead of "stretching" the process over (possibly) decades. What will...
New annuity ‘best interest’ rule from NAIC
The new Model would impose a best interest standard on sales and recommendations by insurance producers of annuity products, which is a higher standard than the currently applicable suitability...
The SECURE Act Set To Pass (Finally)
'This is an early Christmas present,' said Melissa Kahn, managing director of the Defined Contribution team at State Street Global Advisors (SSgA), in an interview yesterday.
YTD annuity sales up 7.5% over 2018: IRI
'We anticipate next quarter sales to be flat with an upward bias given the steepening yield curve, as well as rising corporate bond rates and lower market volatility,' said...
A Few of Our Best Income Strategies
For today’s issue of RIJ, we’ve retrieved several of our best income-planning articles from our archives. In each case, the adviser goes beyond the “safe withdrawal” method to design...
In Defense of ‘Buffered’ Annuities
A Wall Street Journal's article last weekend ('An Imperfect Solution to a Calamity') could have put structured variable annuities (aka registered index-linked annuities) in a much more positive light.
Prudential Joins the SIMON Platform
Prudential's PruSecure fixed indexed annuity is the first annuity product to be offered on the SIMON structured products platform, which had previously specialized in structured notes. Prudential also invested...
‘SIMON’ Makes Indexed Annuities Simpler
Originally a platform for distributing structured notes to broker-dealers, SIMON is adding index-linked annuities to its product suite. Prudential is both an investor and, as of today, a product...
Structured annuity sales up 61% in 3Q2019, YoY: Wink Inc.
'Structured annuity sales continue to set records,' said Sheryl Moore of Wink, Inc. 'It is no wonder that we continue to see companies enter this line of business each...
Wink, Inc. releases annuity sales data
'Indexed annuity sales set a new record in the second quarter, beating their previous record in 4Q2018 by nearly 3%,' said Sheryl J. Moore, author of Wink’s Sales & Market...
‘RILA’ Sales Boost Annuities Market: SRI
Year-to-date, total annuity sales were $184.2 billion, up 8% from the prior year, according to the Secure Retirement Institute. (Three downloadable charts included.)
Longevity Insurance with an Inter-Generational Twist
In MassMutual's new all-digital deferred income annuity, an adult child is the owner, and receives income when a parent (the annuitant) reaches age 91.
Eagle Life adds new income-focused FIA with roll-up
A 55-year-old couple paying a $100,000 income could withdraw 3.78% of $150,000 ($5,670) at age 65 under the free living benefit and 3.78% of $200,000 ($7,560) under the option...
Fidelity adds USAA SPIA to its annuity platform
'Annuities, when designed and used appropriately, can help investors address key financial needs,' a Fidelity spokesman told RIJ.
How to Choose an Annuity Issuer
Shopping for an annuity, like shopping for a car, involves questions about the manufacturer of the product. Do their products perform as expected? Will service quality be high? Are...
Five Questions to Ask about an Annuity Issuer
'I recommend that an adviser develop his or her own criteria and put together a template, similar to an RFP, with questions to have answered when considering an annuity...
