Linda Koco, MBA, is a contributing editor to InsuranceNewsNet, specializing in life insurance, annuities and income planning. Linda can be reached at [email protected].
The news comes at a time when Fidelity & Guaranty Life is enjoying strong growth in its fixed annuity business…
Outside of the top tier carriers, most of the annuity industry has not yet implemented a digital signature approach that fits into the existing sales process while also providing adequate legal protection to the carrier, researchers said…
Despite the uptick in personal saving rates, many households continue to be hard pressed to put away money…
A survey on retirement readiness shows that those who own annuities, as well as life and long-term care insurance, are the most prepared for the post-employment life…
The New York City Comptroller’s call for a fiduciary standard has to do with the city’s powerful position in the financial services industry…
In today’s market, guaranteed lifetime withdrawal benefit (GLWB) features are commonplace in variable annuities and in fixed index annuities, but much less so in fixed deferred annuities. That may start to change, however…
Fewer than two-thirds of defined contribution plan consultants and advisors surveyed “support client interest or actively promote” use of insurance-related products for retirement income purposes…
A new poll finds that it is Generation X, not the baby boomers, who are most worried about retirement readiness…
Being in first place is not new to Allianz Life. It has been the fixed index annuity sales leader for 14 of the last 15 years…
The sales ranking game can be a lot more rough-and-tumble for annuity carriers than many people realize…
A Thrivent executive said she sees the primary market being middle-income Americans with a lot of qualified dollars, sufficient to generate RMDs that are beyond the person’s spending needs…
The retirement savings crisis in the U.S. is not only serious, it “continues to worsen,” according to a newly-released study…
An annuity company official says wearable technology such as the Apple Watch could provide a wealth of information for the insurance industry…
The American Retirement Association represents 22,000 members serving retirement plans ranging from traditional defined benefit pension plans to 401(k), 403(b) and 457 plans…
The number of closed complaints involving fixed index annuities (FIAs) rose 68 percent in 2014 compared with the previous year, according to a report from Index Compendium…
Fixed index annuity (FIA) sales galloped ahead by nearly 18 percent over the previous year, and index life insurance sales rose by more than 14 percent over 2013…
Google seems to be positioning Google Compare as a connector between consumers, agents and carriers, not as a competitor to branded carriers. But the venture still has disruptive potential…
At least three insurers already have begun marketing defined contribution retirement plans with a qualifying longevity annuity contract (QLAC)…
At a time when many variable annuity carriers are putting their guaranteed lifetime withdrawal benefit (GLWB) riders on a diet in terms of features, W&S Financial Group has added a richer design to its GLWB portfolio…
A chart illustrates an eye-opening summary of regulations that have been imposed on financial services firms since enactment of the Dodd-Frank Act in 2010…
