It’s rare to have a pension plan these days and those without pensions may not have access to a retirement plan through their work either. Not only does this present an issue for middle and upper-income individuals, but it’s also a real problem for lower income individuals especially those in underserved communities.
Hot Topics In Annuities with Tamiko Toland
Annuity sales were up a whopping 23% in the first half of 2021 compared with the same period last year. What’s driving the trend and what can we expect to see in the future? Watch this webinar featuring Tamiko Toland, Director, Retirement Markets for CANNEX will discuss trends, innovations, and products that will lead us into 2022.
Security Benefit today applauded the findings of new research published by David Blanchett, Managing Director, Head of Retirement Research, PGIM…
More than a third of pre-retirees are very worried about running out of money in retirement, according to Secure Retirement Institute research.
Americans Want Guaranteed Income In Retirement, Survey Confirms
Ninety-one percent of investors say it is important that their retirement income plan is designed to provide a guaranteed income payment or principal protection.
American Equity Ready To Reclaim FIA Dominance
American Equity is intent on reclaiming its market share in the FIA market, Bhalla told analysts on today’s third-quarter conference call.
U.S. life insurance application activity was flat in October 2021 compared to October 2020, according to the MIB Life Index,…
NEW YORK – Altium Insurance Services is introducing a first-of-its-kind pandemic insurance product for the hospitality industry, underwritten by one of the world’s…
From technology to innovative workplace benefits, here are some issues that are changing the industry.
JERSEY CITY, N.J., November 9, 2021 — Private property/casualty insurers in the United States posted strong net income growth in…
The Wisconsin Office of the Commissioner of Insurance took several recent administrative actions. The actions are issued by OCI when…
Americans Still Anxious About Post-Covid Retirement Risk, Survey Finds
American workers are concerned about retiring in a market downturn and losing a significant portion of their life savings when they need it the most, a new survey finds.
Midwest Holding Inc. announced that its subsidiary American Life & Security Corp. has launched its first multi-year guaranteed annuity product…
MILWAUKEE – The impact of the Covid-19 pandemic has been felt especially hard among the nation’s caregivers, according to the…
Fixed And Variable Annuity Sales Rise 6% In New 2Q Data
Sales of fixed and variable annuities were $60 billion in the second quarter of 2021, up 6% from first quarter 2021 sales of $56.7 billion, according to the Insured Retirement Institute.
AIG Inching Closer To Full Separation Of Life & Retirement Business
American International Group expects to sell its Life & Retirement business during the first quarter of 2022, CEO Peter Zaffino said.
Lincoln Financial Reports Strong Sales, Declining Income In 3Q
Annuities reported income from operations of $338 million, up 72% compared to the prior-year quarter, and total deposits hit $2.7 billion.
Prudential Continues Product Shifts, Posts Strong 3Q Earnings
Prudential executives said individual life sales continued to be strong with higher variable life sales compared to the year-ago quarter, offset by lower sales of other policies.
LTCi Industry Makes Push After Sales Decline In 2020
According to the American Association for Long-Term Care Insurance (AALTCI), the number of individuals who purchased traditional LTCI products declined last year.
