Calamos Structured ETFs: An alternative to FIAs
{July 3rd, 2024} by Kerry Pechter
There are non-insurance alternatives to fixed indexed annuities (FIAs) as savings vehicles For cautious who want to eliminate all risk of investment loss on part of their portfolio but fear “missing-out” on a stock market rally, there’s a non-insurance solution. Click HERE to read the full story via RIJ Wink’s Moore on the Market: […]
DOL Lets Pension Risk Transfer Rules Stand – For Now
{July 3rd, 2024} by Kerry Pechter
The Department of Labor has decided not to shake up the regulatory foundation of the “pension risk transfer” (PRT) business—the replacement of defined benefit pensions by group annuities issued by life insurers—by amending its 30-year-old Interpretative Bulletin 95-1. Click HERE to read the full story via RIJ
What Recordkeepers Think about 401(k) Annuities
{July 3rd, 2024} by Kerry Pechter
When we talk or write about embedding payout options in 401(k) plans—annuities, systematic withdrawal processes, etc.—the role of recordkeepers doesn’t always get as much attention as the roles of plan sponsors, plan advisers, life/annuity companies, asset managers or participants. Click HERE to read the full story via RIJ
These 10 Variable Annuity Carriers Watched $61B Flee Their Products Last Year
{July 3rd, 2024} by Warren S. Hersch
Variable annuity carriers that have developed RILAs are “okay with a shift in sales mix to these products,” Wink CEO Sheryl Moore speculated, “given that most of them do not have living benefits riders on them, which are more difficult to price for.” Click HERE to read the full story via Life Annuity Specialist
RILAs take off as consumers look for balance, protection
{July 3rd, 2024} by Teodor Panaitisor
As more Americans retire without the backstop of a pension, the individual annuity market is stepping up to provide the ability to layer on protection and security to an investor’s portfolio. Registered index-linked annuities were first introduced in 2010 following the financial crisis of 2008-2009. However, RILA sales didn’t really take off until more than […]
Morningstar Investment Conference 2024: From AI Investing to Annuities
{July 3rd, 2024} by Laura Lallos
Summer in Chicago means excursions to Navy Pier for boat tours, outdoor dining, and rides on the iconic Ferris wheel—and this year, the annual Morningstar Investment Conference on June 26 and 27, 2024. Each year, investors and advisors head to Chicago for Morningstar’s signature research and analysis, as well as insights from thought leaders across the industry. […]
SEC updates annuity disclosure rules for RILAs, MVAs
{July 3rd, 2024} by Leo Alamazora
The SEC has unveiled new disclosure requirements and registration processes for registered index-linked annuities and registered market value adjustment annuities as it hopes to provide investors with clearer and more specific information about the products. Click HERE to read the full story via InvestmentNews
20 insurers with the largest annuity market share
{July 3rd, 2024} by Digital Insurance Staff
The top five insurance companies in the ranking have an average annuity market share of 5.82% as of December 31, 2023. The combined direct premiums written by the top five were more than $145 billion. Scroll through to see which insurance companies are in the top 20 and how they fared through the end of December 2023. Source: National Association of Insurance […]