Tag: Annuities

Retirement confidence is high for both Baby Boomers and Generation X, according to a report from the Insured Retirement Institute (IRI).

Now seems like a popular time for lump sums, but according to a white paper from Goldman Sachs Asset Management, there is no one-size-fits-all de-risking strategy.

A LIMRA study of annuity buyers found the top reason consumers gave for buying their annuity is to supplement their Social Security or pension income.

 Brian Schweitzer became strategic account manager, Craig Miller was promoted to key account manager, and Tina White was promoted to IO sales desk supervisor.  

Almost 40% of registered investment advisers (RIAs) plan to hire additional staff in the next six months, TD Ameritrade...

The looming fiscal cliff has investors scurrying for safe harbor, Prudential’s investment strategists said at their Midyear Global Markets and Economic Outlook.

Five dynamic allocation models powered by CAPTRUST research were introduced by Jefferson National.

Lincoln Financial Distributors announced itsChoicePlus Assurancevariable annuity was added to Wells Fargo Advisors LLC’s advisory variable annuity program.

The Phoenix Companies Inc. introduced a single premium fixed-index annuity for people approaching or already in retirement. 

The American Benefits Council welcomes proposed regulations to Internal Revenue Code Section 417(e), on the treatment of benefits paid partially as an annuity and partially in another form...

Morningstar launched Annuity Intelligence, which evaluates variable annuities and gives data on more than 100,000 annuity subaccounts and 1,950 annuity contracts.

 The language advisers use is critical in reaching senior citizens to explain investment products, according to the research firm Hearts & Wallets.   

 The Penn Mutual Life Insurance Company introduced the Smart Foundation Variable Annuities that add some flexibility to guaranteed retirement income.   

 Allstate expanded its retirement product suite with IncomeProtector and GrowthProtector launched in 40 states.   

Great-West Life & Annuity Insurance Company introduced a retirement income product that combines the traits of a mutual fund with a lifetime income guarantee.

The Hartford signed an agreement with Forethought to sell The Hartford’s Individual Annuity new business capabilities. 

Methodology helps manage longevity risk, maintain liquidity and better predict income for retirees.