Tag: Annuities

AXA Equitable Life Insurance Company has updated its variable annuity, the Accumulator, first introduced in 1995.

Liberty Life Assurance Company of Boston is introducing its Freedom Series Builder Annuity.

Life insurance coverage is at its lowest point in more than five decades, according to a research project undertaken by Genworth Financial and the University of Virginia.  

A Prudential survey of near and recent retirees found guaranteed products will help persuade wary investors to stay in the stock market, even during times of volatility.  

According to a recent LIMRA study, 35% of all retirees receive income from an annuity.

John Hancock Annuities has launched “Inflation Guard,” an annuity that combines a principal guarantee with the ability to help protect the purchasing power of retirement assets from the...

Allianz Life Insurance Company has launched Allianz 360, a fixed index annuity (FIA) exclusively to Field Marketing Organizations and agents associated with the Allianz Preferred distribution model.

Symetra Life Insurance Company plans to expand its annuities portfolio and develop new registered products, hiring Kevin Knull to head up these endeavors.  

At a conference in New York City this week, sponsored by the IRS and ASPPA, Craig Hoffman, General Counsel for ASPPA, discussed several hot-button issues working their way...

A white paper from Prudential Retirement discusses what effect the incorporation of guaranteed minimum withdrawal benefits (GMWBs) can have on retirement income and security.

John Hancock Annuities has enhanced its Income Plus For Life optional rider by increasing the deferral credit for newly issued riders from 5% to 6% at age 65...

Mercer's Outsourcing business has added three services to its benefits administration platform all related to financial planning.

As the price of a longevity annuity increases and as longevity risk grows, more initial retirement wealth is needed and the degree of annuitization needs to be increased,...

Minnesota Life recently added two Ivy Funds Variable Insurance Portfolios (VIPs) to Waddell & Reed Advisors' products. 

Living longer than expected is one of the most serious issues facing U.S. workers today, according to the Institutional Retirement Income Council (IRIC).

Nationwide Financial is introducing IncomeInsight, a resource for advisers to use when exploring a variable annuity with a lifetime guaranteed minimum withdrawal benefit option for clients’ retirement portfolios....

New York Life Investments has developed the Guaranteed Interest Pension Account (GPA) to help mid- and large-size corporate pension plan sponsors and their advisers manage near-term liabilities.

I was in London for a few days last week. 

Many employees are hesitant to purchase an annuity, despite their desire for retirement income; however, some of these fears may be well-founded, Mercer says.  

Financial advisers and their clients would benefit from more precise information about their existing immediate income annuity contracts, according to the Retirement Income Industry Association (RIIA).