The rebound was due to strong equity market gains, lower volatility and rising interest rates, SRI reported.
The amount depends on a number of factors, including how you bought the product and when.
The Allianz Lifetime Income+ Annuity is designed as an option in employer-sponsored retirement plans.
It's unclear how long it will take for life expectancy to rebound.
People who turned 60 last year will see reduced payments unless Congress acts, she said.
ERISA experts say that other advisors are underestimating the complexities of the new fiduciary rule.
The industry is looking for annuities to rebound after a tough year.
A Next Chapter panel discussion argues that annuities have a role to play for retirees in a low-interest-rate environment.
Paul R. McGonigle of Massachusetts faces up to 20 years in prison if convicted of mail and wire fraud.
SRI said sales were driven by products providing principal protection and investment growth.
Advisors also are warming up to annuities, the BlackRock survey says.
As more baby boomers retire, questions arise about how they're going to meet income needs.
The state will either appeal or rewrite the rule to address the court's concerns, attorneys predicted.
The average equity VA subaccount investor outperformed the average equity mutual fund investor over 20 years.
The closer a client was to retirement, advisors said, the greater their concern about a stock market loss.
The SECURE Act paved the way for annuities in 401(k)s. This bill would require them.
Proposed guidance on annuity sales overlooks compensation conflicts, according to consumer advocate Barbara Roper.
The Glendale, Calif.-based broker-dealer failed to properly oversee variable annuity exchanges, Finra said.
Different products provide various strategies for retirees.
The state could appeal a court rejection of its best-interest annuity rule.