The “Evolution of the Annuity Industry”

Like the Ford Mustang in 1965, the variable annuity with a lifetime income rider seemed like the right Boomer product at the right time in 2006. Then came the Crisis. A new survey by Cogent Research and the Insured Retirement Institute looks at where the VA is today and where it's headed.

FIAs for Retirement Income (Why Not?)

In this last article in our series on fixed indexed annuities, we consider the potential role of FIAs in providing retirees with guaranteed lifetime income. We find FIAs to be valuable, but underused for that purpose.

The Derivatives that Power Index Annuities

FIA owners can pick from an array of choices as cryptic as those on a roulette table. But if they don't understand options, how can they evaluate these safe but esoteric insurance products?

Allianz Life’s Index Annuity Winning Streak

In this second article in a four-part series on the fixed index annuity (FIA) business, we profile Allianz Life, the top issuer of FIAs in the US in 18 of the last 19 years. (Image, in Allianz blue, is from an Allianz Life video.)
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MetLife Dominates 3Q VA Sales

Another “very bright spot in the third quarter data was the significant increase in net cash flow, to $8.9 billion from $5.7 billion in the second quarter and $6.4 billion in the third quarter of 2010,” wrote Frank O’Connor, product manager of the VA database at Morningstar.
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What Income Planning Software Do You Use?

Calling all investment advisers and financial planners: RIJ wants to hear from you about the tools you use to help your clients create retirement income.

Thoughts on DoL’s “Re-Proposal”

Noticeably absent from the DOL’s September 19th release, and statements by DOL officials, is any suggestion of a broad revision of the regulation, writes Fred Reish, the well-known ERISA attorney at Drinker, Biddle & Reath.

Big Danish pension plan switches to DC from DB

The new regime would be one with no investment choices for plan participants to make. "Our members... are blue-collar workers and typically don't want to make investment decisions themselves," said the plan's chief investment officer.

Correction

An article in last week's cover story ("Airbag-Equipped Annuities") erred in reporting that MassMutual had stopped selling variable annuities. The company said it has simply narrowed distribution to its career channel and has sold $675 million worth of VAs so far in 2011.