Athene launches new RILA: Amplify 2.0
A 6-year term contract with a 10% downside buffer and a 0.95% annual segment fee can earn uncapped returns equal to 140% of growth in the S&P 500, an...
Breaking News
American Life & Security receives B++ rating from AM Best; SEC proposes more sunlight on private funds; Fidelity is accused of lax oversight of options and margins traders; Principal...
Rising interest rates will have diverse effects: Cerulli
The impact of higher inflation, and higher discount rates, will be less severe on insurance company general accounts than on endowments and foundations, which benefit from low rates, the...
More Sources of ‘Bermuda Triangle’ Information
This week, McKinsey & Co. and Cerulli Associates weighed in on different aspects of the 'Bermuda Triangle' phenomenon. We provide links to and excerpts from their white papers, and...
Wink opens annuity data library to its subscribers
The library's wide range of content will include product and rider specifications, crediting rates, and side-by-side comparisons for annuities in Wink’s AnnuitySpecs database, said Wink CEO Sheryl Moore.
Breaking News
Voya to keep records for new pooled employer plan (PEP); MetLife announces 'significant' pension risk transfer deal in UK; SEC bolsters oversight of private funds; Public pensions are 85.5%...
Annuity sales in 2021 were highest since 2008: LIMRA SRI
'We see growing interest in accumulation-focused FIA products, as investors seek principal protection with greater investment growth,” said Todd Giesing of the Secure Retirement Institute.
Target Practice: AIG and Milliman’s New Annuity
AIG combines elements of a variable annuity, a registered index-linked annuity, and of Milliman's Defined Outcome ETFs into a series of Advanced Outcomes Annuities.
Private assets may be coming to Britain’s DC plans (at a price)
Buyout firms say they might reduce their usual 2% management fees if they can keep their performance-related payouts, which are contingent on meeting return targets.
TIAA Expands into 401(k) Plan Market
Many firms are trying to add retirement income options to defined contribution plans at for-profit companies. TIAA, which invented the in-plan annuity for the non-profit world, intends to cross-over...
American Life & Security FIA adds ‘macro regime’ index
Midwest Holdings has only about $77 million in market cap, but it wants to be on the leading edge of the 'convergence of insurance and investments.' Its American Life...
The coming wealth transfer: $84.4 trillion
'About $72.6 trillion in assets will be transferred to heirs, while $11.9 trillion will be donated to charities,' according to Cerulli Associates. More than half will be transferred by...
LGIM America launches ‘Retirement Income Fund’ and four other funds for DC plans
In early 2022, LGIM said it will be 'completing a long-life strategy, which is the longevity piece of our solution and designed to support individuals into their later years...
Breaking News
DPL and Security Benefit add ‘total return’ index option to FIA; Americans expect market volatility in 2022: Allianz Life; Lincoln redesigns participant-facing website.
Fortitude Re, Midwest Holdings pursue ‘triangle’ strategies
Fortitude Re, a reinsurer backed by The Carlyle Group, a $276 billion private equity firm, is completing its annuity-reinsurance-asset management strategy. Midwest Holdings' life insurer, American Life, has launched...
Breaking News
I-bonds now offer 7.12% return; A great year for life insurer stocks: WSJ; AllianzIM issues new iteration of its buffered outcome ETF; Funding levels of large pensions rose in...
Breaking News
Retirement Income Journal takes a holiday break; Great American offers fixed multi-year guaranteed rate annuity for RIAs; Lincoln’s 401(k) adds Income America 5For Life; Jackson buys back 2.2 million...
Insurers fret about meeting ‘return targets’: Cerulli
'Eighty-one percent of insurers are concerned about meeting return targets given the low interest rates,' Cerulli's latest products report said. It also documented heavy outflows from low-volatility ETFs.
Re: Allianz Life, F&G, Oceanview Re
Three items: Allianz unlocks $4.07 billion in surplus through $35 billion FIA reinsurance deal with units of asset manager Sixth Street; AM Best affirms F&G's 'Excellent' strength rating but...
Equitable launches RILA with income benefit
The Equitable SCS-Income registered index-linked annuity offers growth potential, plus a selection of downside buffers against loss, plus a lifetime withdrawal benefit that puts a floor under the value...
