Prudential Annuities said it adjusted its annuity optional benefits, which allow investors to “lock in” the highest daily value of their annuity contract each day the market is...
The Phoenix Companies, Inc., introduced a “first-to-die” universal life insurance product that covers two lives under one policy, designed for married couples or business partners.
Morgan Stanley Smith Barney launched Select Retirement, an optional income protection feature that is specially designed to augment the Select UMA unified managed account program.
A measure allowing federal agencies to rehire retirees without a cut in annuity payments passed the U.S. Senate last week as part of the Defense Authorization bill.
Genworth Life and Annuity Insurance Company launched a variable annuity designed to help advisers personalize a guaranteed income strategy for clients.
A federal appellate court has sent a 2008 rule governing fixed indexed annuities (FIAs) back to the U.S. Securities and Exchange Commission (SEC) that the court said was...
The new Income Annuity Training Guide from the Principal Financial Group helps financial professionals understand how to offer income annuities as part of a retirement income strategy, the...
John Hancock launched AnnuityNote, which the company said is designed to bring "guaranteed income to a broader market beyond the reach of traditional variable annuities."
MetLife Advisers (MLA) is partnering with Wilshire Funds Management for the MetLife Asset Allocation Program portfolios of Met Investors Series Trust, available primarily through MetLife Investors deferred variable...
A survey by Milliman of leading U.S. variable annuity (VA) carriers revealed that about 96% of variable annuities offered include some form of a guaranteed living benefit (GLB).
AXA Equitable Life Insurance Company announced the launch of its new online Beneficiary Resource Center to help beneficiaries and advisers file a life insurance or annuity claim.
ING has introduced the ING Educator's Direct 403(b) Program, a variable annuity issued by ING Life Insurance and Annuity Company, to education professionals in Delaware.