A Second Structured Annuity Offers Income

CUNA Mutual Group invades Allianz Life airspace by launching 'Zone Income Annuity.' It's the only structured index annuity besides Allianz Life's Index Advantage Income to offer a lifetime income option. The two contracts differ in small but significant ways.

FIA sales break quarterly sales record (again): LIMRA SRI

By Editorial Staff
'The 10-year treasury rate dropped nearly 50 basis points from the start of the second quarter,” said LIMRA's Todd Giesing. 'We anticipate sales of fixed-rate deferred annuities to substantially drop in the third and fourth quarters.”
International

Wide variation seen in British target date funds

By Editorial Staff
Here’s another instance--along with coverage ratios, fiduciary duties of advisors, and the decline of pensions--where the British and American retirement industries share certain challenges.

RIJ takes vacation, returning September 5

By Editorial Staff
Retirement Income Journal will be on vacation August 23, 2019 to September 1, 2019. We'll return with the September 5 issue. Thanks for reading RIJ!

Deferred annuity sales up 6% in 2Q2019: Wink

By Editorial Staff
Sales of traditional fixed annuities were down nearly 10% from the prior quarter but up more than 21% over the second quarter last year, according to Wink's Sales & Market Report.
Advice-By-Subscription

Kitces’ XY Planning Network adds its 1000th adviser

By Editorial Staff
Members of the network, whose median age is only 39, comprise more than 5% of all state-registered RIAs delivering financial planning services across the country, the organization said.

Honorable Mention

By Editorial Staff
Most RICP clients delay Social Security benefits; MassMutual boosts support for third-party administrators; DC plan participants ‘stay the course’: ICI

COVER STORIES YOU MAY HAVE MISSED

August 15, 2019

Executive Interview: PRU’s Kent Sluyter

By Kerry Pechter
The president of Prudential Annuities since 2017, actuary Kent Sluyter spoke with RIJ recently about financial wellness and about his firm's pivot to a new generation of individual annuities.
August 8, 2019

Annuities Aim for Spot in ‘Starting Lineup’

By Kerry Pechter
Annuity issuers want—and need—their products to be included as a matter of course in the model portfolios or asset allocation software tools that more advisors are expected to rely on in the future.
August 1, 2019

Why Are Stocks So High?

By Kerry Pechter
Because corporations have been returning more of their profits over to shareholders and less to workers, especially over the past 30 years, according to authoritative recent research. The implication is that investors' gains have...