The Cinderella Annuity

By Kerry Pechter
Has the time finally arrived for the variable income annuity? At TIAA, where the VIA was invented, they say it never left. New research from the TIAA Institute compares the VIA with a variable annuity with a lifetime withdrawal benefit.

At IRI Legal Conference, Lawyers Parse the “Fiduciary Rule”

By Kerry Pechter
The Department of Labor decided not to send an invited panelist the Insured Retirement Institute's Government, Legal and Regulatory Conference on Monday--perhaps because the IRI is party to a federal lawsuit calling for the annulment of the DOL's "fiduciary rule."

Test Your Reverse Mortgage IQ

By Kerry Pechter
To benchmark the public’s level of knowledge about HECMs, The American College’s New York Life Center for Retirement Income sponsored a survey that included a 10-question quiz. We invite you to take the test.

Expect Sharp Drop in VA Sales: LIMRA

By Kerry Pechter
'We are seeing a significant shift in the annuity market,” said Todd Giesing, assistant research director at LIMRA's Secure Retirement Institute. 'We have to go back 20 years—to 1995—to find when the VA market share was 45% or lower.'
Featured

Voya Launches Quest Indexed Annuities

By Kerry Pechter
The new contracts are aimed primarily at the independent broker-dealer channel and offer a lifetime income option, said Chad Tope, Voya Financial's president of Annuity and Asset Sales.
News

At IRI Legal Conference, Lawyers Parse the “Fiduciary Rule”

By Kerry Pechter
The Department of Labor decided not to send an invited panelist the Insured Retirement Institute's Government, Legal and Regulatory Conference on Monday--perhaps because the IRI is party to a federal lawsuit calling for the annulment of the DOL's "fiduciary rule."

U.S. life insurers saw stocks decline in first quarter: A.M. Best

By Editorial Staff
Prudential Financial reported the largest revenue decline in terms of dollars, decreasing $1.2 billion, or 7.9%, due to a combination of fewer premiums, mainly from its retirement business, and lower realized investment gains, the ratings agency said in a new report.

Security Benefit offers floating-rate fixed annuity

By Editorial Staff
Contract owners receive a guaranteed base rate of interest that is set for the contract’s Guarantee Period, plus the 3-Month ICE LIBOR USD Rate (subject to a cap), which resets annually on the contract anniversary date.