For weeks, interesting studies have been gushing from the National Bureau of Economic Research and elsewhere on the economic implications of COVID-19. We've selected and summarized seven of them for you.
Prudential offers FlexGuard, its first entry into the 10-year-old indexed VA market. The contract offers a new twist on the 'step rate' crediting strategy. Also this week, AIG added a new index to its Power Series of fixed indexed annuities.
DOL allows electronic communications to plan participants; Envestnet FIDx partners with RetireOne; What high-net-worth investors want: Cerulli; Lamarque promoted to general counsel at New York Life.
Yes, says our guest columnist. 'it’s demeaning to ask career professionals in places like IRS to devote their time and attention to promoting the president’s reelection,' he writes.
Whatever you call them, indexed variable annuities continue to experience a growth spurt. Jackson National led the industry with almost $5 billion in first-quarter annuity sales.