Having appropriated $1.9 trillion for pandemic recovery, and with more big ideas in store, the Democrats will be looking to balance their largesse with new revenue. If you're among the "top 2%," they'll be coming for you. But if taxes prevent inflation, that may not be bad.
Annuity sales were buoyed in 2020 by a spike in purchases of registered index-linked annuities (up 38%) and fixed annuities (up 10%). Income annuity sales are north of $10 billion, but the once-imagined boom in SPIAs and DIAs hasn't occurred.
Biden DOL won't enforce Trump's anti-ESG rule; PEP rally: TAG Advisors launches Pooled Employer Plan; Net income for life/annuity industry fell 55% in first three-quarters of 2020: AM Best; Luma platform will use FireLight annuity sales technology; SEI Wealth Platform to offer Income Conductor income planning tool; David Lacusky appointed to senior sales position at Global Atlantic.
investors will find that a blend of EM dollar bonds from dozens of countries can help diversify their portfolios and improve their outcomes, writes our guest columnist, head of emerging markets at Aperture Investors LLC in New York.
'Many asset managers have shifted to a channel-agnostic approach distribution model from a channel-specific model,' said Cerulli analyst Asher Cheses.
Nationwide and Annexus partner on income-generating FIA; Equitable extends RILA feature to variable annuity; Securian offers new IOVA.