Variable Annuities

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Wells Fargo Caused Clients To Pay $1.4M In Needless VA Fees, Finra Says

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The firm agreed to the penalty to settle charges it unnecessarily switched clients out of variable annuity products.

3 Questions With Patrick Kelly Of Signal Advisors

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Signal Advisors brings a very different look to insurance-based independent marketing organizations.

Luma Hires J.P. Morgan Veteran As Director Of Annuity Products

by Fintechnews Staff

John R. Charles previously served as V.P., commercial banking strategy at J.P. Morgan.

Startup Bridges The Tech Gap For Independent Advisors Selling Insurance

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The Detroit-based firm combines insuretech with an independent marketing organization.

U.S. Annuity Sales Plunged 24% In Second Quarter

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The drop was due to the economic impact of the coronavirus pandemic and low interest rates.

SRI Forecasts A Slump In Annuity Sales

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But RILAs are expected to continue to grow as consumers seek protection, safety and growth.

Annuities During Economic Uncertainty

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Annuities give investors protection (and choices) in tumultuous markets, advocates say.

Capital Group Launches Multi-Sector Income Fund

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Capital Group, a Los Angeles-based investment management firm overseeing $365 billion in fixed-income assets, has rolled out a new fixed-income fund.

VA Sales Jumped In Q1; Fixed-Annuity Sales Dropped By Double Digits

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Variable annuity sales are expected to feel the impact of March’s volatility in the second quarter.

DPL Offers Free Access To Commission-Free Annuity Platform In Wake Of Covid-19

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DPL's platform will be gratis for financial advisors for three months.

SEC Issues 'Streamlined' Variable Annuity Disclosure Rules

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The changes permit insurers to use a summary prospectus to highlight variable annuities contract features

Why Most Consumers Want Guaranteed Lifetime Income

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Individual investors across generations are eyeing annuities as potential replacements for pensions.

Total Annuity Sales Reach Highest Levels In More Than Decade

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Strong fixed-indexed annuity sales and the impact of registered index-linked annuity products are driving sales, SRI said.

Who Buys Annuities, And Why

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Advisors remind clients that annuities are insurance products for income protection over a long life.

Annuities Can Play A Conservative Role In Portfolios, Says Exec

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Concord Financial Group exec says annuities can be useful in a low interest rate environment.

Why Clients Need Advisors' Help With Annuities

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Annuities are gaining attention as demographics change, Ashfield Capital says.

MetLife Agrees To $10M Settlement Over Accounting Violations

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The SEC said MetLife’s faulty practices of locating annuity customers resulted in failure to pay customers.

Top 10 U.S. Variable Annuities in Q3

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Variable annuities recorded a three-year high in Q3 with $26.5 million, according to the Secure Retirement Institute.

Jackson National Suspends N.Y. Fee-Based Annuity Sales

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The insurer said it needs time to comply with new state fiduciary rules that cover all annuity and insurance sales.

Activating An Annuity’s Income

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Hint: It’s complicated.

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