New York Life Introduces ‘Lifetime Wealth Strategies’

The big mutual insurer plans to offer its managed account program, incubated last year among career agents, to third-party registered reps, says Michael Gordon, first vice president in the firm's U.S. life insurance and agency business.

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.

Executive Interview: PRU’s Kent Sluyter

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.
Featured

The Visible Hand Behind the Crisis

Viral Acharya and colleagues at NYU's Stern School of Business say the economy was pushed off a cliff by bankers skirting reserve requirements.

Obama Is All Ears About Annuities

But there's no clear indication that Washington understands the nuances that make annuity decisions so complex and problematic.
News

Getting Rich Used to Be Easier, 70% Say

“Many Americans aren't necessarily buying into the country's long-held belief that anyone with a dream can strike it rich,” said the editor of Bankrate.com.