MetLife launches QLAC as plan distribution option

Participants in plans with MetLife group annuity contracts can put 25% of their qualified savings (up to $125,000) into this new deferred income product, whose premium can be excluded from RMD calculations until age 85. A MetLife QLAC for rollover IRAs will come later.

‘SIMON’ Makes Indexed Annuities Simpler

Originally a platform for distributing structured notes to broker-dealers, SIMON is adding index-linked annuities to its product suite. Prudential is both an investor and, as of today, a product provider.

Annuities and the Charles Schwab Deal

Most of the annuities now on the Charles Schwab and TD Ameritrade platforms are offered by mutual or foreign-owned life insurers. Lincoln Financial is the sole exception.
Featured

VA Issuers Show Optimism: Morningstar

This report on first-quarter changes to variable contracts, produced by Morningstar's John McCarthy, is a must-read for anyone trying to stay abreast of the VA market.

Inside the Beltway, Disinformation Reigns

An article in The Hill, the respected Washington newspaper and website, has gotten the DOL's conflict of interest proposal all wrong. It doesn't even mention rollover IRAs.
News

Beware equity bubble in Europe: Cerulli

"Asset managers should enjoy the QE bonus flows while they last. But the pattern is unlikely to be different from previous cycles, and the end may already be in sight," a Cerulli analyst said.