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The wealth manager whose parent firm also owns an insurer and asset manager settled its third case involving the same time period.December 23
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A recent study suggests sales of "expensive" VAs fell as a result of the vacated rule. But there are other factors at play, writes Raymond James' Scott Stolz.October 16Former PresidentRaymond James Insurance Group
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Expenses fell by 20 basis points and risk-adjusted returns climbed 92 bps, according to the study.September 24
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Sales are tumbling and gravitating to different products as Wells Fargo settles a FINRA case and researchers examine the defunct fiduciary rule.September 3
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“It is amazing that annuity sales are only down in the single digits, given the devastating effects that COVID-19 has wreaked on the annuity industry,” an expert says.June 1
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Just as in the wake of the 2008 financial crisis, experts say there's rising interest in the products among advisors.April 15
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The Secure Act will pave the way for expanded distribution channels, even as J.D. Power finds issuers lagging in measures of client satisfaction.December 19
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LIMRA predicts that lower interest rates will cut into the record sales, but two top issuers received IRS rulings they say will help RIAs offer the products.August 22
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New contracts reached a 10-year high as key stakeholders praised a bill before the U.S. Senate which could expand the products to more 401(k) plans.June 17
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The Insurance Exchange will offer products from six carriers, including Allianz Life, Nationwide and Prudential.June 4