Variable Annuities

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What's Behind The Boom In Annuity Sales?

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The annuities market has bounced back strongly after being racked by the pandemic last year.

Best-Selling U.S. Variable Annuities In Q2

by FA Staff

Variable annuity sales rose to $32.7 billion, a 55% jump from last year's second quarter, according to SRI.

Total Annuity Sales Up 40%, Highest Since Great Recession

by FA Staff

Sales were driven by a strong economy and pent-up demand amid Covid uncertainty, said SRI.

Trade Groups Ask DOL For More Time To Implement Fiduciary Rule

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Some of the rules are falling harder on smaller advisors, say industry advocates.

Morningstar On Why Annuities Still Struggle To Gain Wide Acceptance

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The annuity industry is still struggling to drive home the message that guaranteed income is important, the firm says.

N.Y. Life Rep Forged Client Annuity Contracts, Finra Says

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Alexis Cooke, who was subsequently fired by NY Life, agreed to a lifetime ban after lying about the violations, the regulator said.

What's Behind The Boom In Annuity Sales?

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The annuities market has bounced back strongly after being racked by the pandemic last year.

Low Interest Rates Plague Retirement Planning, AIG Exec Says

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Annuities can fill the gap to cover retirement spending needs, he said.

U.S. Annuity Sales Jumped 39% In Q2

by FA Staff

The rebound was due to strong equity market gains, lower volatility and rising interest rates, SRI reported.

How Do Governments Tax An Annuity?

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The amount depends on a number of factors, including how you bought the product and when.

Allianz Launches Annuity In First Foray Into Defined Contribution Market

by FA Staff

The Allianz Lifetime Income+ Annuity is designed as an option in employer-sponsored retirement plans.

Covid-19 Takes Dramatic Toll On U.S. Life Expectancy

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It's unclear how long it will take for life expectancy to rebound.

Annuities Sales Increase Nearly 4% In First Quarter

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The industry is looking for annuities to rebound after a tough year.

Clients Are Overlooking Annuities For Retirement Income, Panelists Say

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A Next Chapter panel discussion argues that annuities have a role to play for retirees in a low-interest-rate environment.

Total Annuity Sales Jumped 9% In The First Quarter

by FA Staff

SRI said sales were driven by products providing principal protection and investment growth.

Variable Annuity Investors Outperform Their Mutual Fund Counterparts, DALBAR Finds

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The average equity VA subaccount investor outperformed the average equity mutual fund investor over 20 years.

Closing The Life Insurance And Annuity Sales Fintech Frontier

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Technological evolution has been slow to come to the insurance and annuity sector.

New Legislation To Require Annuities In Retirement Plans

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The SECURE Act paved the way for annuities in 401(k)s. This bill would require them.

Insurance Regulators Fall Short On Annuity Sales Rules, Consumer Advocate Says

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Proposed guidance on annuity sales overlooks compensation conflicts, according to consumer advocate Barbara Roper.

UnionBanc Investments Fined $100,000 For Unsupervised Annuity Sales

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The Glendale, Calif.-based broker-dealer failed to properly oversee variable annuity exchanges, Finra said.

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