Luma Financial Technologies is now among the structured notes platforms that have chosen to add index-linked annuities to the products they support. It joins SIMON Markets and Halo in that space. In this last segment of our series on indexed products, we examine these new alliances.
For years, people have been rolling their DC plan assets over to brokerage IRAs at retirement. Many plan providers hated to lose the managed money, but plan sponsors were indifferent. That's changing, a Cerulli analyst writes. Trillions in mobile money is at stake.
Low interest rates, mild inflationary environments and the prospects for higher investment yields are tailwinds for private equity investments. But financial stress in the markets or severe public market corrections remain a risk, the ratings agency noted.
F&G, a leading issuer of fixed indexed annuities (FIAs), has launched an FIA that gives contract owners the option to reach for higher gains without losing principal protection. They call it a FILA, or fixed index-linked annuity.
Principal's new pooled employer plan Is growing quickly; 'Personal Retirement Strategy' will support Bank of America plan participants; Allianz Life survey reveals hot-button personal finance issues; Tom Smith will be DPL Financial Partners' new Chief Growth Officer.