Annuities Industry News


Keeping You Up To Date With The Annuity Industry News.


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  • Rep. Wilson Introduces Bill On Reduction Of Survivor Annuities January 16, 2019
    Joe Wilson, R- S.C., has introduced legislation to amend title 10, U.S. Code, "to repeal the requirement for reduction of survivor annuities under the Survivor Benefit Plan for military surviving spouses to offset the receipt of veterans dependency and indemnity compensation." John A. Yarmuth, D- Ky. It was referred to the House Armed Services Comm […]
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  • Brighthouse The Latest Insurer To Join The Envestnet Exchange January 15, 2019
    Brighthouse joins other insurers such as Allianz, Jackson National and Global Atlantic on the Envestnet exchange. The platform is designed to help advisors from a need-specific versus a product-specific perspective, so as to steer client discussions toward protecting income and then searching for a solution via software. The post Brighthouse The Latest Insur […]
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  • Ohio National Lawsuit Re-Filed; Attorney Says More Coming January 14, 2019
    LPL Financial broker Lance Browning refiled a lawsuit Friday seeking damages from Ohio National's surprise decision to cut trail commissions on certain variable annuities. The plaintiff strategy is shifting from a class-action request to individual lawsuits on behalf of brokers, an attorney said. The post Ohio National Lawsuit Re-Filed; Attorney Says Mo […]
    John Hilton
  • NAIC To Reopen IUL Illustrations Guideline January 11, 2019
    Less than four years after producing Actuarial Guideline 49, the NAIC is ready to tackle indexed universal life illustrations yet again. An IUL illustration subgroup has a 2019 charge to "provide recommendations for modifications to AG 49." The post NAIC To Reopen IUL Illustrations Guideline appeared first on InsuranceNewsNet.
    John Hilton
  • Government Shutdown Could Delay REG BI Rollout January 11, 2019
    Despite much speculation from various industry sources saying that the SEC could have a final Regulation Best Interest rule as early as the first quarter, no one knows when in 2019 to expect the final ruling. The government shutdown has likely put work behind schedule and little is getting done, analysts say. The post Government Shutdown Could Delay REG BI R […]
    Cassie Miller
  • Securian Financial Introduces New Multi-Year Guaranteed Annuity January 10, 2019
    Securian Financial has launched SecureOption ® Choice, a new fixed deferred annuity designed to give financial professionals a competitive edge in the multi-year guaranteed annuity marketplace. SecureOption ® Choice is available to all Securian Financial- approved distribution channels. These ratings are assigned to the following Securian... The post Securia […]
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