Paul Garofoli, regional vice president at the Standard, discusses annuities, estate planning and using “letters from heaven,” which every agent and advisor should incorporate into their practice.
When Constellation Insurance sought to dive into the annuity market, the insurer first had to address the difficult legacy of Ohio National. Enter AuguStar.
A lawsuit over a Lincoln Financial fixed indexed annuity will head to a mediator.
Lincoln Financial and nine plaintiffs – including a former Lincoln agent – suing over fixed indexed annuity performance agreed on a mediator to settle the dispute.
A growing number of Americans are interested in adding an annuity to their employer-sponsored retirement plan like a 401(k), according to a new study from Allianz Life.
The Powerball jackpot reached a record-high $900 million after no one claimed the top prize on Saturday’ s drawing. If a winner is announced on Monday, it would be the third-largest Powerball prize ever. The cash option for this jackpot is $465.1 million, according to Powerball.
The Enhanced Choice Index Plus is a single-premium, deferred index annuity for customers seeking growth, certainty and the opportunity to maximize their legacy.
Industry trade groups do not think the SEC should be trying to regulate fixed products.
The SEC claims that Jeffrey Cutter, who is both an advisor and an insurance agent, made improper annuity sales. In a motion to dismiss, Cutter says he was acting as an agent and the SEC has no authority.
The Mega Millions top prize grew again to an estimated $640 million after there was no winner of the lottery's latest giant jackpot. The numbers drawn late Friday night were: 10, 24, 48, 51, 66 and gold Mega Ball 15.. The estimated $640 million jackpot in the next drawing would only be distributed to a winner who chooses an annuity paid over 29 years.
PlanEasy is the industry’s first end-to-end online consumer platform designed specifically for everyday Americans seeking to understand and simplify all of their key retirement decision.
Kenneth Rossman was sentenced Wednesday for his role in a Florida fraud scheme.
Kenneth Rossman, who participated in a $6.3 million financial fraud, avoided jail time for his role in helping to convict self-styled “Annuity King” Phillip Roy Wasserman.
Security Benefit Life Insurance Company today announced the removal of all surrender charges on its commission-free ClearLine fixed index annuity product. “Security Benefit has taken a holistic approach to the RIA market since entering the space in 2011,” said Mike Reidy, VP, Head of RIA Sales for Security Benefit.“ We initially launched the commission-free…
Global Atlantic Financial Group, a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, recently announced its transition to the exclusive use of electronic applications for all multi-year guaranteed fixed-rate annuity sales. About Global Atlantic Global Atlantic Financial Group is a leading…