Total sales by independent agents and broker-dealers grew 29% last year.
Advisors on Orion's platform will have access to DPL's commission-free annuity marketplace.
Annuit sales reached a record high of $385 billion last year.
Small firms with 10 or more workers would be required to auto-enroll employees in a plan.
Potential buyers say they like these products, so why don't they jump in?
Advisors were also once reluctant to adopt managed accounts, too. But they got over it.
Strong economic conditions coupled with growing demand for protected investment growth pushed sales to $385B in 2023.
Potential buyers say they like these products, but why don't they jump in?
Supporters of the rule weighed in on the last day to offer public comments.
Insurance and independent brokerage industries will be hardest hit, Fred Reish says.
The proposal would require insurers to better explain fees and complexities.
AnnuityFix helps advisors become independent from the broker-dealers that control their clients' annuities.
The equity market has helped stimulate annuity sales, according to LIMRA.
Some of the illustrated returns used in marketing the products are overly optimistic, the research firm says.
The annuities giant saw plunging operating earnings. It blamed higher costs and derivatives losses.
The product includes a downside protection feature that covers up to the first 20% of losses.
The firm believes that investors want annuities to build retirement savings while addressing market volatility.
The company has launched the Jackson Market Link Pro II and Jackson Market Link Pro Advisory II.
FIAs with lifetime income guarantees merit consideration by retirement planners in some situations, the firm says.
Where and how should annuities figure in retirement-income planning?