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Indexed annuity sales can’t overcome variable, fixed annuity declines
Variable annuity sales, after falling 26% in the first six months of last year, perked up enough to erase some of those losses for the entire year, LIMRA reported. Meanwhile, indexed annuities showed...
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The Phoenix unveils new indexed annuities series
The Phoenix Cos. introduced a new series of indexed annuities it says brings flexibility and diversification to the marketplace. The Connecticut-based company unveiled Phoenix Reflections Bonus 10,...
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Federal appeals court strikes down Rule 151A
A federal appeals court has voided Rule 151A, a regulation that would have treated indexed annuities as securities, placing them under the U.S. Securities and Exchange Commission. The U.S. Court of...
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Indexed annuities remain as insurance product with Dodd-Frank Act
The financial services reform legislation approved this month assures that indexed annuities will remain regulated as insurance products, not securities. Tom Harkin The Dodd-Frank Wall Street Reform...
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Indexed annuity set record for second straight year
Indexed annuities had record sales for a second consecutive year, reaching $32.1 billion, according to LIMRA’s analysis of sales. The increase was 7% more than 2009 results, according to the analysis,...
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Variable annuities set pace for 16% overall rise in annuity sales
Annuity sales increased 16% in the first quarter, reaching $60 billion, with variable annuity sales leading the way with a 24% increase in sales over the same period last year. Fixed annuities showed a...
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New indexed annuity offerings offer salve for burned investors
Variations on the indexed annuity offerings are providing a growing number of pre-retirees and retirees with new financial planning options. Dana Pedersen “They are a great story right now,” said Dana...
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Indexed annuities are bright spot among flagging overall annuity sales
Indexed annuities are the bright spot, growing in sales while the economy continues to slow other annuity sales, according to a new LIMRA analysis. Overall annuity sales in the second quarter fell 4%...
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Report: Indexed life, indexed annuities set consecutive sales records
FROM A COMPANY-SUPPLIED PRESS RELEASE Indexed Life & Indexed Annuities Set Consecutive Sales Records In 2012 AnnuitySpecs.com Releases Fourth Quarter, 2012 Indexed Sales Results Pleasant Hill,...
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Indexed annuity sales break previous record: Wink Report
Total fourth quarter indexed annuity sales for 2014 were $11.9 billion, up 4.0% when compared to the previous quarter, and up 3.5% when compared with the same period in 2013, according to the 70th...
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