DPL, Midland National Team Up For Commission-Free Fixed Index Annuity

COLUMBUS, Ohio – On July 1, Nationwide makes history by completing its 18-month transition to operate as a fully independent…

The Destinations annuity is a first of its kind for the company, offering multiple allocation options including a new volatility-controlled index developed with Bank of America ®, the BofA Destinations Index™, which is exclusive to this product. “We are excited to collaborate with Bank of America, a leading global financial institution, and to give clients a…

For most Americans, Social Security plays an important role in maintaining retirement security. In other words, regardless of economic and market conditions, Social Security pays an annuity that will increase with inflation and continue for as long as you or your spouse lives. It is well known that workers and spouses who qualify for Social Security can elect…

More than half agree that the pandemic has made them recognize the need for annuities to protect their retirement income and to protect their investments against market risk according to a recent survey from the Nationwide Retirement Institute. All guarantees and protections are subject to the claims paying ability of Nationwide Life Insurance Company.

Once you quit earning a paycheck and start living off your savings, what's your income shortfall going to be? Where is that money going to come from? Anyone nearing retirement needs to have their income ducks in a row.

AIG Life& Retirement, a division of American International Group, Inc. and a leading provider of annuities, today announced the launch of the new AQR DynamiQ Allocation Index, available exclusively through the Power Protector Series of Index Annuities. This multi-style index has been designed by AQR Indices, LLC, a subsidiary of AQR Capital Management, LLC, a…

–Sammons Financial Group has named Khen Leuk as vice president, annuity product management. Leuk joined Sammons Financial Group in 2017 and was most recently associate vice president, annuity product management with responsibility to manage the profitability of the fixed annuity product line. A subsidiary of Sammons Enterprises, Inc., Sammons Financial…

Of all the types of annuities out there, a fixed annuity is the one that's most straightforward. Is it the one that's right for you?

INDIANAPOLIS – (June 3, 2020) OneAmerica® today announced its 2019 financial results, recording another solid year of growth, highlighted by…

HARTFORD, Conn., June 3, 2020/ PRNewswire/– USAA Life Insurance Company, a provider of a wide range of insurance products and services and NEOS, a management consulting and delivery services firm specializing in insurance and financial services, recently worked to facilitate USAA’s expansion into third-party distribution. Previously, USAA products were…

–Fidelity National Financial, Inc. and FGL Holdings, today announced the completed acquisition of FGL Holdings by FNF on June 1, 2020. “We are excited to have closed the acquisition of F&G ahead of schedule and are thrilled to welcome F&G’s employees and policyholders into the FNF family,” commented FNF Chairman William P. Foley, II. BofA Securities and Trasimene…

Equitable, a leading financial services company and subsidiary of Equitable Holdings, today announced it is working with BlackRock to provide simplified access to lifetime income through an annuity within a new target date investment solution for BlackRock’ s U.S. defined contribution plan clients.

JACKSONVILLE, Fla. and GEORGE TOWN, Cayman Islands, May 26, 2020/ PRNewswire/– Fidelity National Financial, Inc. and FGL Holdings today announced that FNF has received all regulatory approvals and clearances necessary to close the transaction under the previously announced merger agreement pursuant to which FNF will acquire F&G. FGL Holdings- the F&G family of…

The AiPEX family of indices was developed by EquBot and leverages the AI capabilities of EquBot and IBM Watson™ to turn Big Data into investment insight. Applying what has been learned through Big Data and AI, AiPEX uses a rules-based process to objectively evaluate each of the 1,000 largest U.S. publicly traded companies and selects those whose stock prices…

In uncertain times, don't let fear keep you from planning for the future. Whether you're young or retired, there are several unprecedented opportunities to strengthen your finances right now.

Equitable reported enhancements to its Structured Capital Strategies PLUS registered index-linked annuity that offers clients some upside potential even when the S&P 500 benchmark index goes down. According to a media release, the new feature, Dual Direction, is available within SCS PLUS annuities with the S&P 500 as the benchmark index.

Prudential Financial, Inc., launched FlexGuard℠ today, the company’ s first indexed variable annuity product, designed to provide customers with downside protection and the opportunity to grow and accelerate the performance of their retirement assets into the future. Dylan Tyson, President, Prudential Annuities. “FlexGuard is a first for Prudential and…

JOHNSTON COUNTY, N.C.- Wade Harmon, of Kenly, bought a single $300,000,000 Supreme Riches scratch-off ticket on his way home from work and won $10 million, the largest scratch-off prize in the stat, according to an NC Education Lottery news release. Harmon said he played Pick 3 and Pick 4 and tried his luck on a single $30 scratch-off ticket. Harmon, an iron worker,…

At a time when investors value protection most, Lincoln Financial Group expands its flagship, industry-recognized solution, Lincoln Level Advantage ® indexed variable annuity, with two new options that offer investors more ways to help grow their savings with a level of protection during market downturns and uncertainty. In April 2020, LIMRA Secure…

NEW YORK–(BUSINESS WIRE)–Equitable, a leading financial services company and subsidiary of Equitable Holdings (NYSE:EQH), today announced enhancements to its Structured…

LOUISVILLE, KY. (May 12, 2020) – DPL Financial Partners (“DPL”), the leading insurance network for registered investment advisors (“RIAs”), today…

Equitable, a leading financial services company and subsidiary of Equitable Holdings, today announced enhancements to its Structured Capital Strategies ® PLUS registered index-linked annuity that offers clients some upside potential even when the S&P 500 benchmark index goes down. The new feature, Dual Direction, is available within SCS PLUS annuities…

Ameriprise reported strong first quarter financial results lead by their advice and wealth management business as clients sought the expertise of financial planners in the volatile markets. “While market conditions and the operating environment remain fluid, Ameriprise is in a strong position,” said chairman and chief executive Jim Cracchiolo in a news…

WEST DES MOINES, Iowa, May 05, 2020 (GLOBE NEWSWIRE) — To meet growing client concerns about market volatility, North American…

American International Group, Inc. today reported net income attributable to AIG common shareholders of $1.7 billion, or $1.98 per diluted common share, for the first quarter of 2020, compared to $654 million, or $0.75 per diluted common share, in the prior year quarter. Adjusted after-tax income attributable to AIG common shareholders was $99 million, or…

–Ohio National Financial Services is pleased to announce it has launched the ONdex annuity, a new single premium fixed indexed annuity designed to help customers reach their long-term retirement goals. Through our network of financial professionals across 49 states, the District of Columbia and Puerto Rico and through affiliated operations in South…

MINNEAPOLIS – May 4, 2020 – To help clients address risk that market volatility can have on retirement security, Allianz…

Insurance Agency Marketing Services, Inc., a leading national independent marketing organization, announces Christopher Conroy has joined the firm as executive vice president of national accounts and principal.

The best way to make sure you have enough money to last you through retirement is to focus on the income you need to support yourself, rather than the “magic number” you'd need to save.

The family of young girl who was severely scalded at a Wawa by a cup of hot water will receive a $3 million settlement from the convenience store chain. The girl was 3 years old when her family, which had been traveling in April 2018 from Virginia through Monmouth County, stopped at a Wawa store in Neptune. Her mother, Roya Konzman, had placed a number of food items on the…

BALTIMORE, April 20, 2020 /PRNewswire/ — Transamerica announces the availability of the Transamerica Advisory AnnuitySM, an innovative, low-cost, variable annuity offered and…

The health aspect of the coronavirus affects everyone— we're all concerned about our well-being and those of our loved ones and communities. However, the economic impact may vary among different age groups— and if you're retired or about to retire, you might have some special concerns about starting to draw income from your investments when the financial…

If this recent bear market caught you unprepared, especially if you're in your 60s and older, it's time to remind yourself of some key best practices for retirement planning.

Perceptions about when retirement will start and what it will look like are much different from the experiences of people already in retirement, according to the new 2020 Retirement Risk Readiness Study from Allianz Life Insurance Company of North America. Although many non-retirees believe they will retire on their own terms, either because they will be…

The decision, announced by Sandy McCarthy, president of retirement services at OneAmerica, eliminates administrative fees for hardship and COVID-19 related distributions effective April 7, 2020 through December 31, 2020. The Coronavirus Aid, Relief, and Economic Security Act signed into law March 27, provides additional opportunities for those affected…