Annuities Industry News

Keeping You Up To Date With The Annuity Industry News.


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Insurance News Net

  • DPL, Midland National Team Up For Commission-Free Fixed Index Annuity June 30, 2020
    DPL Financial Partners and Midland National ® Life Insurance Company, are introducing a new, commission-free fixed index annuity, the Midland National Capital Income SM. “Health problems can dramatically impact a retiree’ s expenses,” said David Lau, founder and CEO of DPL, the leading insurance network for registered investment advisors.“ We wanted to creat […]
  • COVID-19 Spotlights Retirement Readiness, Sparking Conversations About Annuities June 29, 2020
    Jackson National Life Insurance Company ® and the Insured Retirement Institute today announced results from a new research study that was fielded in the midst of the COVID-19 global pandemic. Conducted between April 8-17, 2020, the online survey found more than half of financial professionals believe 25% or more of their client base is at risk of running... […]
  • American Equity Launches Destinations Fixed Index Annuity June 23, 2020
    The Destinations annuity is a first of its kind for the company, offering multiple allocation options including a new volatility-controlled index developed with Bank of America ®, the BofA Destinations Index™, which is exclusive to this product. “We are excited to collaborate with Bank of America, a leading global financial institution, and to give clients a […]
  • How Working Changes Your Client’s Social Security Benefits June 21, 2020
    For most Americans, Social Security plays an important role in maintaining retirement security. In other words, regardless of economic and market conditions, Social Security pays an annuity that will increase with inflation and continue for as long as you or your spouse lives. It is well known that workers and spouses who qualify for Social Security can elec […]
  • Athene To Reinsure $27.6B Worth Of Jackson National Annuities June 18, 2020
    Athene Holding, a leading provider of retirement savings products, agreed to fully reinsure $27.6 billion of Jackson’s in-force book of fixed and fixed index annuity liabilities in exchange for approximately $1.25 billion in ceding commission. The post Athene To Reinsure $27.6B Worth Of Jackson National Annuities appeared first on InsuranceNewsNet.
  • Annuity Sales Expected To Decline Up To 15% In 2020: Report June 17, 2020
    The COVID-19 pandemic triggered ultra-low interest rates, extreme market volatility and record-high unemployment — conditions that generally are unfavorable for annuity sales. The good news is annuity sales should bounce back strong in 2021 and 2022, the Secure Retirement Institute reports. The post Annuity Sales Expected To Decline Up To 15% In 2020: Report […]
    Staff Reports

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