Annuities

The average immediate annuity premium is $107,000, and what’s more, 90% of policyholders purchase additional riders that either keep payments flowing to heirs, or that return the balance of the contract to heirs, if the contract holder dies unexpectedly early, according to LIMRA research.

Most variable annuity buyers pay extra for guaranteed living benefit riders despite weaker features and higher costs.

Sales of annuities through banks in September lost their momentum after hitting a peak for the year in March.

According to LIMRA’s Guaranteed Income Annuities report released on Monday, women buy six of every 10 immediate annuity contracts, a significant chunk of the $250 billion annuitization market.

Fixed annuities give way to variable annuity and mutual fund sales, but September was nothing to write home about.

Asset managers are in a race to develop products that provide guaranteed retirement income, effectively duplicating annuities.

Combined market volatility and low interest rates have created the ideal environment for indexed annuity sales as fixed products continue to suffer, LIMRA says.

NetX360 has a 96% adoption rate among affiliated advisors in the RIA and broker-dealer channels.

A couple of interesting surveys were released this week—and when mixed with some anecdotal evidence, they offer advisors some food for thought.

Nationwide says that quality of life for high-net-worth retirees could slip sans annuities.

Increased bank-customer interest in variable products indicates a positive shift in their aversion to market exposure.

Market-linked CDs’ winning features are pushing indexed annuities off banks’ product shelves.

Annuity information company is a unit of Advanced Sales and Marketing.

Report says technical wherewithal more important than ever as industry bounces back from financial crisis.

While annuity sales are down for the first half of the year overall, second-quarter sales go a long way to closing the gap.

Sectors’ business fundamentals may remain the same, but variations in strategy seen in response to economic turmoil, growth mandates, notes Robert E. Nolan report.

Nomura Securities International Inc. said on Monday that it hired Pascal Bandelier and Paul Sangimino as co-heads of U.S. cash equities in New York.

A closer examination of why (and why not) annuities belong in a 401(k) plan.

Experts say that the new law could push annuities forward.

There’s a lot of debate right now about whether putting annuities in 401(k) plans is a good idea or not.