Global Atlantic Financial Group, a leading financial services company, announced the launch of ForeStructured Growth, the first registered index-linked annuity to be issued by a company subsidiary. The annuity provides retirees with meaningful growth potential alongside interest crediting strategies designed to limit the risk of performance losses.

RALEIGH– Costa Walton of Mint Hill will never forget July 6, 2022, the day a scratch-off ticket led to a $1 million win. Walton, 68, bought his lucky $30$ Millionaire Maker ticket from Flash Market on Old Monroe Road in Indian Trail. He could choose to receive the prize as an annuity of $50,000 over 20 years or a lump sum of $600,000.

Protective Life Corporation, a wholly owned U.S. subsidiary of Dai‑ ichi Life Holdings, Inc. today announced the launch of its Protective ® Aspirations Variable Annuity product, issued by its principal subsidiary Protective Life Insurance Company. According to a 2022 consumer survey, 1 the most important service consumers of all ages seek from a financial…

Security Benefit, a leading provider of retirement planning products and solutions, today announced the appointment of Jacquline Morales as SVP, Chief Operating Officer. She will report directly to Doug Wolff, incoming Chief Executive Officer. “Security Benefit is known for its innovative approach to product development and partner distribution and as a…

–Almost half of all Americans¹ have questions and concerns about outliving their money. The new LiveWell Dynamic Annuity SM, issued by Midland National ® Life Insurance Company– a member company of Sammons Financial Group– and made available through Sammons Retirement Solutions ®, a division of Sammons Institutional Group ®, Inc., can help ease many of…

Principal Financial Group ® today announced the launch of new buffer fund investment options within its variable annuity business aimed at helping customers balance the need to build and protect savings in retirement with managing risk. On July 1, Principal ® introduced the first of four, one-year, defined outcome investment accounts– the Principal…

New York Life, America’ s largest 1 mutual life insurer, announced the appointment of Senior Vice President Todd Taylor as Head of Retail Annuities, the company’ s second-largest profit center and a top five annuity provider 2 with over $13 billion in sales in 2021. “New York Life has a long history of providing peace of mind and security in retirement and a deep…

–Milliman, Inc., a premier global consulting and actuarial firm, today announced the results of its three 2022 Variable Annuity Industry Experience Studies, which analyze policyholder behavior across 21 companies spanning 14 years. "The value of policyholders' lifetime income and death benefit guarantees is highly dependent on a person's behavior through…

Investors Heritage Life Insurance Company today announced the launch of its newest fixed index annuity– the Heritage Growth Advantage– designed to help policyholders grow their assets as part of their retirement planning. Morgan Stanley Dynamic U.S. Equities Index SG Entelligent Agile 6% VT Index S&P MARC 5% Index. The Morgan Stanley Dynamic U.S. Index…

Every July 1, for 25 years the New York Mets pay Bobby Bonilla $1,193,248.20– and for that reason I am a Bonilla fan. I was never a fan of Bobby Bonilla the baseball player. But I sure am a fan of Bobby Bonilla the financial wizard who selected an income annuity instead of a cash payout.

For the first time in Vermont history, the winning Powerball jackpot ticket was sold at a Vermont retailer, Vermont Lottery officials announced today. Vermont will receive 6% of the proceeds from the payout in taxes, which, if the winner accepts his money in annuity, will come out to about $22 million. The retailers who sell winning Powerball tickets receive…

Sammons Financial Group, Inc. has named Kevin Mechtley to a new role as vice president, business development and chief innovation…

–Athene USA, a leading retirement services company and wholly owned subsidiary of Apollo Global Management, announced the close of its third pension group annuity transaction with global security and aerospace leader Lockheed Martin Since its first transaction with Lockheed Martin in 2018, Athene has agreed to provide annuity benefits for over 40,000…

–Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has entered into an agreement to acquire Annuity Agents Alliance, an insurance marketing organization based in Denver, Colorado. As part of the acquisition, Anthony Owen, President of…

Columbus, OH—June 14, 2022— As inflation continues to rise and the economic environment continues to tighten, Nationwide has announced enhanced…

–Midland Retirement Distributors, a division of Sammons Institutional Group ®, Inc.– a member company of Sammons Financial Group– announces the launch of Summit Focus SM 3, a new three-year fixed index annuity. Issued by Midland National ® Life Insurance Company, the Summit Focus SM 3 offers simplicity and stability, with guaranteed crediting rates and…

National Western Life Insurance Company, a wholly owned subsidiary of National Western Life Group, Inc., entered a strategic alliance with Achaean Financial Holdings, an intellectual property and product development company, to launch a new and innovative single premium immediate annuity to the financial marketplace.

–The Simplicity Group today announced the acquisition of the Eagle Team, LLC, an independent organization specializing in life and annuity sales and distribution. With this deal, Simplicity welcomes five new partners: John Baker, Steve Buller, Chad Castle, Greg Gall, and Chris Lester. "On behalf of everyone at Eagle Team, we are excited to join Simplicity and expand…