Variable annuity sales – coming off their worst year since 1995 – are hurting from several disruptions, but should bounce back a little bit, LIMRA forecasts.
Your clients have two questions they need you to answer in the wake of the recent bank failure news.
According to a 2022 Nationwide Retirement Institute survey, seven in 10 plan sponsors are interested in guaranteed lifetime income investment options and nearly half (48%) of participants report they are interested in contributing to one as part of a managed account.
This is a great time for financial professionals to shine, offering advice that helps clients build confidence with the right protection solutions.
Security Benefit announced the expansion of the index crediting strategies for its Foundations Annuity
Powered by a contingent deferred annuity, RetireOne’s turnkey Portfolio Income Insurance Program adds a new dimension to Pension & Wealth Management Advisors’ risk management approach.
A group of Texas residents are claiming that Lincoln Financial sold them a fixed indexed annuity with illustrated promises of big gains that never materialized.
Annuities are a great way to ensure your financial security in the long term. They provide regular payments that can help you pay bills and cover other expenses while also helping protect against inflation and market downturns. Annuities are popular with many retirees, as they offer a steady income stream that can last throughout retirement.
New York Life announced the launch of Clear Income Advantage, a fixed deferred annuity with a guaranteed lifetime withdrawal benefit rider that offers a combination of income, security, liquidity and flexibility in one retirement income solution.
AmeriLife Group, a national leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions, today…
Brad Rhodes: How much annuity income can I expect to receive? Published 12:00 am Sunday, April 2, 2023. Annuities are a great way to ensure your financial security in the long term.
Never lose a client to an advisor who uses Monte Carlo simulations.
For many, the traditional 60/40 stock/bond portfolio mix has been the go-to investment strategy and has held up well for decades. However, financial professionals should consider fixed rate products as an alternative when talking with clients about what to do with the 40% dedicated to fixed income.
Nationwide and Fidelity Investments are launching a new product for those seeking stability in volatile markets while providing Nationwide access to Fidelity’s network of financial professionals, available through the Fidelity Insurance Network.
Wink Inc. reported deferred annuity sales in both the fourth quarter, and in all of 2022, were the greatest they have been since Wink began tracking sales of the product in 2015. However, the news for variable annuities was not so good.
The largest mutual insurer in the United States, New York Life claimed nearly a 7% market share and increased its annuity sales by 70% over 2020.
After buying a top-prize winning ticket, one lucky Connecticut resident will receive $365,000 a year for the rest of their life. The first top-prize-winning Lucky for Life ticket to be sold in 2023 was purchased in Fairfield County at Byram Smoke Shop in Greenwich at 111 Mill St., according to Connecticut Lottery. If the winner chooses the annuity prize option,…
Brad Rhodes: What exactly is a beneficiary? Published 12:00 am Thursday, March 2, 2023. When an individual purchases an annuity, they name one or more beneficiaries who will receive the benefits if something happens to them before the contract ends.
The new enhancements are designed to provide clients with partial protection against market volatility along with the opportunity to capture upside market potential up to a cap.
Total U.S. single premium buy-out sales were $48.3 billion in 2022, up 42% from 2021 results, according to LIMRA’s U.S….
