Total annuity sales fell six percent in the first quarter of 2013, totaling $51.7 billion, according to LIMRA’s first quarter 2013 U.S. Individual Annuities Sales survey, which represents data from 94 percent of the market...
Uncertainty may follow this week’s news that New York officials have subpoenaed several private equity firms that have interests in buying fixed annuity companies or businesses. The top question: Does this mean that there something wrong with those deals?...
Geoffrey Brown, an expert in managing nonprofit groups and trade associations, has been appointed chief executive officer of National Association of Personal Financial Advisors (NAPFA), effective July 1...
As of December 2012, defined contribution (DC) in-plan guarantee assets totaled $2.2 billion, according to a new LIMRA sales survey measuring market growth of in-plan guarantees...
With defined contribution (DC) plans serving as the de facto pillar of retirement financing for many private sector workers, the question for many plan sponsors and advisors is how to stretch these plans to provide for workers in their ever-lengthening retirements...
A recent LIMRA study suggests a growing interest in deferred income annuities as nine companies (seven covered in the survey) currently offer one and an additional eight companies are planning to introduce their own deferred income annuity (DIA)...
