LINE OF BUSINESS: SALES, % CHNG/QTR and % CHNG/YR
{September 10th, 2024} by Sheryl J. Moore
LINE OF BUSINESS: SALES, % CHNG/QTR and % CHNG/YR All Universal Life: $1.13 billion, 11.92% and N/A > Non-Variable Universal Life: $847.41 million, 12.08% and 2.37% >> Universal Life: $100.54 million, 12.21% and -1.06% Indexed Life: $747.23 million, 12.08% and 2.88% >>Variable Universal Life: $291.60 million, 11.44% and N/A Whole Life: $1.08 billion, 6.37% and […]
Life insurance sales deliver strong rebound in second quarter, Wink finds
{September 10th, 2024} by Staff Reports
Life insurance sales rebounded nicely during the second quarter, Wink, Inc. reported in its Sales and Market Report. Universal life sales for the quarter exceeded $1.1 billion, up 11.9% compared to the previous quarter. All universal life sales include fixed UL, indexed UL, and variable UL products. Click HERE to read the full story via INN
Wink’s Annuity Sales & Market Report, 2Q2024
{September 10th, 2024} by Editorial Staff
Athene USA was the annuity sales leader (overall market share of 8.2%; 11.9% for non-variable deferred annuities), followed by MassMutual, Corebridge Financial, Equitable Financial and Nationwide. Total second quarter sales for all annuities were $109.6 billion; sales were up 3.7% when compared to the previous quarter, according to Wink’s Sales & Market Report for the […]
Life Insurance Awareness Month #LIAM
{September 10th, 2024} by Wink's Intel Pros
September is Life Insurance Awareness Month Wink supports Life Insurance Awareness and will be joining in this month’s awareness campaign! We will be reprinting our CEO, Sheryl Moore’s most requested life insurance-focused articles all month long; they will be indicated with “reprint” in the title. You’ll find these timeless articles are still relevant today. […]
FUNDING UNIVERSAL LIFE INSURANCE AT TARGET? YOU’RE MISSING THE POINT: REPRINT #LIAM
{September 10th, 2024} by Sheryl J. Moore
The following article is a reprint, originally written July 15, 2013 by Sheryl J. Moore: Throughout the past [20] years of working with universal life (UL) products, one comment in particular has been overheard far too often: “…fund this UL at [X percent] over target.” This comment is especially popular in the indexed life market, […]
The Inconceivable Life Lesson #LIAM Reprint
{September 10th, 2024} by Sheryl J. Moore
He was not yet four years old when my manager in the home office sat me down and suggested that I purchase life insurance for my oldest child, my only son, AJ. It seemed strange to me to consider his death. Why would I want to purchase life insurance on my child? I would predecease him. This […]
Life Insurance Buyers Like the Stock Market
{September 10th, 2024} by Allison Bell
U.S. life insurance sales figures show buyers falling back in love with the investment markets in the second quarter. Issuers reported making $4 billion in individual life sales in the quarter, about the same as in the second quarter of 2023, according to new market survey data from LIMRA. Click HERE to read the full story via […]
Leading a 175-year-old ‘startup’ — With National Life’s Mehran Assadi
{September 10th, 2024} by Paul Feldman
National Life Insurance Co. started 175 years ago. In 1996, it acquired Life Insurance Company of Southwest, which became part of National Life Group. Today, as the No. 1 provider of indexed universal life and the No. 1 provider of fixed index annuities within the employer-sponsored K12 space, Mehran Assadi has led the company to […]
Bristol-Myers Sued Over $2 Billion Pension Annuity Transfer
{September 10th, 2024} by Jacklyn Wille
Bristol-Myers Squibb Co. was sued by a former employee who says the pharmaceutical company jeopardized workers’ retirement benefits by offloading $2 billion in pension liabilities to an annuity provider he describes as “highly risky.” The proposed class action challenges a 2019 transaction in which Bristol-Myers allegedly removed thousands of plan participants by purchasing group annuity contracts from […]
Retirement savings black hole revealed with 1 in 5 having nothing saved
{September 10th, 2024} by Steve Randall
Millions of Americans have retired with no savings at all, while many more have less than the US average wage to support them in their later years. Click HERE to read the full story via InvestmentNews Wink’s Moore on the Market: Fascinating retirement survey. (You know how I love stats!) “Looking at those already […]
Will Fed Rate Cuts Make Fixed Annuities Less Desirable?
{September 10th, 2024} by Ben Mattlin
Even though a cut in the Fed’s benchmark interest rate hasn’t happened yet, the anticipation is already having an affect on some annuities, advisors say. Fixed annuities, rather than variable annuities, will feel the most direct impact, they predict. “When the Federal Reserve lowers interest rates, the effective rates on fixed annuities will also decrease,” […]
I wonder how much this would be in 2024 money?
{September 10th, 2024} by Sheryl J. Moore
Reading Gary Schulte’s “The Fall of First Executive…” I just read a staggering statistic in the first chapter- “In fact, by the late 1970’s, industry statistics revealed that it cost the typical career agency company over $200,000 to put each agent through his or her fourth year in business.” I wonder how much this would […]
How To Fund An IUL And Get Your Premium Back
{September 10th, 2024} by Brian Manderscheid
The life insurance industry heavily promotes and focuses on the idea of using Indexed Universal Life (IUL), or other cash value life insurance policies, for a supplemental tax-free retirement income stream or even to “become your own bank.” However, in recognition of Life Insurance Awareness Month, I want to present a concept using Indexed Universal […]
Best’s Special Report: Strong Annuity Growth Continues Shift to Bermuda Reinsurers
{September 10th, 2024} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–Fueled by strong annuity growth on higher interest rates, U.S. life/annuity (L/A) insurers have doubled their ceded reserves to $1.74 trillion between 2016 and 2023, with an increasingly larger portion headed offshore, according to a new AM Best report. The Best’s Market Segment Report, “Strong Annuity Growth Continues Shift to Bermuda Reinsurers,” is part of AM […]
Jackson Wins Datos Insights Insurance Technology Impact Award
{September 10th, 2024} by Jackson National Life Insurance Company
LANSING, Mich.–(BUSINESS WIRE)–Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.i (NYSE: JXN), has been honored by Datos Insights with a 2024 Insurance Technology Impact award for its Registered Index-Linked Annuity (RILA) Digital Ecosystem. The RILA Digital Ecosystem is a one-stop-shop illustrating the benefits of RILAs, providing a customized, real-time look at […]
AM Best Assigns Credit Ratings to Upstream Life Insurance Company
{September 10th, 2024} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned a Financial Strength Rating of B- (Fair) and a Long-Term Issuer Credit Rating of “bb-” (Fair) to Upstream Life Insurance Company (Upstream Life) (Dallas, TX). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Upstream Life’s balance sheet strength, which AM Best assesses as weak, as […]
Finseca: How to Make the Most of Life Insurance Awareness Month
{September 10th, 2024} by Finseca
WASHINGTON, Sept. 5, 2024 /PRNewswire/ — September is Life Insurance Awareness Month—a timely reminder to reevaluate your financial security plan. Life insurance, a cornerstone of a solid financial strategy, is often overlooked despite its important role in protecting your future. Whether you aim to cover essential expenses, eliminate debts, support your family, or leave a lasting legacy, […]
Attorneys: Chubb ruling could have ‘dangerous’ implications for brokers, policyholders
{September 10th, 2024} by Rayne Morgan
Attorneys at Reed Smith LLP say a recent court ruling over the wording of a Chubb Insurance Company policy adds a new level of uncertainty to coverage expectations in a way that could set a “dangerous” precedent if continued. In the case of ECB USA v. Chubb, the Eleventh Circuit Court of Appeals ruled that […]
Consumer misunderstanding may contribute to life insurance coverage gap
{September 10th, 2024} by Ayo Mseka
While many Americans have a good understanding of key life insurance principles, nearly 6 in 10 either do not have coverage or do not know if they do, according to the 2024 Corebridge Life Insurance Insights & Awareness Survey. Misunderstandings around cost could help explain this life insurance coverage gap. While 8 in 10 (80%) […]
Lumen Technologies latest company sued over a PRT deal with Athene
{September 10th, 2024} by John Hilton
As private equity firms continue hunting pension risk transfer deals, corresponding lawsuits from aggrieved pensioners are increasing as well. A lawsuit filed last week in Colorado accused Lumen Technologies of bypassing its fiduciary obligations to select the “safest annuity available” in favor of a lucrative PRT deal with Athene Life & Annuity. Athene, a wholly […]
Insurance Terms Confuse Young Consumers: NAIC
{September 10th, 2024} by Allison Bell
Companies that want to sell life insurance, annuities and related products and services to the youngest adults will have to do more to explain what the words mean. Only 32% of U.S. residents ages 18 through 27 told a survey team that they know what an insurance claim is, according to the National Association of […]
What Would Happen if a Big Insurer Failed?
{September 10th, 2024} by Allison Bell
The effect of the failure of a large U.S. life, health or annuity issuer on state life and health guaranty funds is not clear, according to Daniel Hartley, a senior economist at the Federal Reserve Bank of Chicago. A state guaranty fund usually imposes assessments on surviving member insurers to cover the cost of an insurer […]
Annuity Issuers Send More Business to the Cayman Islands
{September 10th, 2024} by Allison Bell
U.S. life insurance and annuity issuers are using reinsurance arrangements based in the Cayman Islands to back a growing share of their business, according to a team of analysts at Moody’s Ratings. The Cayman Islands and its insurers maintain that the self-governing British territory has a thorough, modern regulatory system. But the Moody’s team contends […]
US life/annuity insurers cede $1.74 trillion to reinsurers, 2016-23
{September 10th, 2024} by Editorial Staff
Fueled by strong annuity growth on higher interest rates, U.S. life/annuity (L/A) insurers have doubled their ceded reserves to $1.74 trillion between 2016 and 2023, with an increasingly larger portion headed offshore, according to a new AM Best report.The Best’s Market Segment Report, “Strong Annuity Growth Continues Shift to Bermuda Reinsurers,” is part of AM Best’s look at […]
Why 401(k) Plan Sponsors Remain Wary of Annuities
{September 10th, 2024} by Kerry Pechter
The SECURE Act’s safe harbor for 401(k) annuities was presumably well-intended. But it may be a case of too little, too soon. Let me explain. Asset managers and life/annuity companies, of course, are more than ready to pitch income-generating products to the $7.4 trillion 401(k) plan market. Click HERE to read the full story via RIJ
A Technical Way Of Looking At GLWBs When Rates Decrease
{September 10th, 2024} by Charlie Gipple
In addition to running an independent marketing organization where I help four hundred agents with their annuities, life, and long term care business, I also have a small group of high-net-worth clients I work with. Here, I help them with their retirement planning, estate planning, tax planning, and long term care planning. This is also […]
Whole Life Flexibility And Case Design (Part 2 Of 3)
{September 10th, 2024} by Charlie Gipple
In part one of the series, and in last month’s edition, we discussed how it is perceived that whole life insurance is very rigid because the structure of the base policy “generally“ requires the premium be paid for the duration that the product was designed for. But then I countered that argument by discussing the […]
Innovation At The Forefront: How BackNine Insurance And GRAIL Are Redefining Life Insurance
{September 10th, 2024} by Ken Leibow
In the evolving landscape of the life insurance industry, innovation and technology are becoming key differentiators for companies striving to stay ahead. The first part of this two-part article highlights how BackNine Insurance has become a pioneer by integrating advanced technology with traditional insurance brokerage services. Founded in 2008, BackNine has grown into a market […]
Wink, Inc. Releases Second Quarter, 2024 Life Sales Results
{September 4th, 2024} by Wink's Press Release
— FOR IMMEDIATE DISTRIBUTION — NEWS RELEASE LIFE INSURANCE SALES REBOUND IN THE SECOND QUARTER Wink, Inc. Releases Second Quarter, 2024 Life Sales Results Des Moines, Iowa. September 3, 2024– Wink, Inc. released the second quarter, 2024 life sales results in its 108th edition of Wink’s Sales & Market Report. Wink’s Sales & Market Report is the […]
SECOND QUARTER 2024 LIFE INSURANCE SALES
{September 4th, 2024} by Sheryl J. Moore
All Universal Life Sales for the second quarter of 2024 were $1,139 million. Second quarter universal life sales were up nearly 12% when compared to the previous quarter. Given that this is the second quarter that Wink has collected data on sales of all universal life insurance products, additional comparisons will be available in future […]
We Need Help Growing Life Insurance Distribution: REPRINT #LIAM
{September 4th, 2024} by Sheryl J. Moore
Originally posted February 5, 2011 by Sheryl J. Moore Most of you know that I am passionate about indexed life insurance and indexed annuities. However, I am passionate about insurance products in general. In fact, one of the things that I am MOST passionate about is growing our distribution! Not so long ago, life insurance […]
Death Benefit Claim Fail #LIAM Reprint
{September 4th, 2024} by Sheryl J. Moore
As the nation’s top expert on life insurance and annuity products, I have spent a great deal of my time over the last couple of decades pouring-over specimen contracts and prospectuses. It’s what I do. It’s why I’m the life of the party. Given that, I am going to admit to you one […]
American Life & Security Corp. Launches MaxGrowth: A Cutting-Edge Accumulation-Based Fixed Indexed Annuity
{September 4th, 2024} by American Life & Security Corp
LINCOLN, Neb.–(BUSINESS WIRE)–American Life & Security Corp., a rapidly growing name in the annuity and retirement space, is proud to unveil its newest innovation, American Life MaxGrowth 10 Fixed Indexed Annuity (FIA). MaxGrowth is designed to enhance retirement savings through accumulation while offering the security of principal protection. MaxGrowth addresses the evolving needs of today’s […]
Q2 Buffered Annuity Sales Running ‘Neck and Neck’ with Traditional VAs
{September 4th, 2024} by Cyril Tuohy
High interest rates and demand for products with some downside protection helped sales of [structured] annuities edge out traditional variable annuities again in the second quarter, according to new research. April-through-June sales of the [structured] annuity product line, also known as registered index-linked annuities (RILAs), or [buffered variable] annuities, rose 44.6% from a year ago […]
Insurers, Agents Speak Up for Life Insurance Awareness Month
{September 4th, 2024} by Allison Bell
Life Happens and its supporters are spreading the message that responsible adults need life insurance to protect their loved ones and pay their final expenses. The National Association of Insurance and Financial Advisors affiliate will run its 21st Life Insurance Awareness Month campaign in September. Click HERE to read the full story via Think Advisor
AM Best Affirms Credit Ratings of Global Atlantic Financial Group Limited and Its Subsidiaries
{September 4th, 2024} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Commonwealth Annuity and Life Insurance Company (Brighton, MA), First Allmerica Financial Life Insurance Company (Brighton, MA), Forethought Life Insurance Company (Indianapolis, IN), Accordia Life and Annuity Company (Des Moines, IA), […]
AM Best Withdraws Credit Ratings of National Western Life Group, Inc.
{September 4th, 2024} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has withdrawn the Long-Term Issuer Credit Rating of “bbb-” (Good) of National Western Life Group, Inc. (National Western) (headquartered in Austin, TX). At the time of this withdrawal, the Credit Rating (rating) outlook is stable. AM Best has withdrawn this rating as National Western has requested to no longer participate in AM […]
OneAmerica Financial® maintains strong performance ratings, according to A.M. Best, S&P Global
{September 4th, 2024} by OneAmerica
INDIANAPOLIS, Aug. 30, 2024 /PRNewswire/ — OneAmerica Financial® today announced that A.M. Best Company and S&P Global Ratings have each separately recognized American United Life Insurance Company® (AUL) and its affiliate The State Life Insurance Company® (State Life), both companies of OneAmerica Financial, for their financial strength. A.M. Best affirmed an A+ (Superior) rating, which is the second-highest of 15 […]
AM Best Comments on Credit Ratings of American National Group’s Members Following Announced Coinsurance Agreement With Reinsurance Group of America, Incorporated
{September 4th, 2024} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of American National Insurance Company (ANICO) and its affiliates, American National Life Insurance Company of Texas and American National Life Insurance Company of New York (Glenmont, NY), collectively known as American National Group […]
TruStage™ Recognized in “Barron’s Best Annuities for Income and Growth” Feature for Sixth Year in a Row
{September 4th, 2024} by TruStage
MADISON, Wis., Aug. 27, 2024 /PRNewswire/ — TruStage today announced that Barron’s has recognized their products in the “Top 100 Best Annuities” feature1 for 2024, for six years running. TruStage products were mentioned 11 times in this year’s rankings. ZoneChoice Annuity, Single Premium Immediate-Income Annuities (SPIAs) and Future Income Annuities (FIAs) were selected yet again, and Zone Income Annuity was recognized for the […]
New! New! New!
{September 4th, 2024} by Sheryl J. Moore
American Life & Security Corp. launched their new MaxGrowth indexed annuity! If you want more information on this unique product, log into Wink, Inc.’s AnnuitySpecs tool NOW. AnnuitySpecs users may click the links below to view product specifications. MaxGrowth 10 MaxGrowth 10 Bonus Last week, I was able to give you all a […]
Getting drunk on fees
{September 4th, 2024} by Sheryl J. Moore
Indexed annuity bonuses, with fees. Indexed annuity indexing methods, with fees. Indexed annuity guaranteed lifetime withdrawal benefits, with fees. Indexed annuities with fees, for the sake of having fees. Who thinks carriers are getting drunk on fees? This used to be a product that HAD NO FEES, ever. -sjm Join in the conversation on […]
Parties seek stay of deadline for fiduciary rule appeal decision
{September 4th, 2024} by John Hilton
The Office of the Solicitor General has not decided whether to appeal a stay freezing the Department of Labor’s latest attempt to expand fiduciary duty. Texas Judge Jeremy D. Kernodle issued the stay on July 25 in a lawsuit brought by the Federation of Americans for Consumer Choice. Attorneys for both plaintiffs and defendants jointly asked Kernodle […]
The IUL conundrum: big sales and big problems
{September 4th, 2024} by John Hilton
Indexed universal life is a lot of things, depending on who you are talking to. To many consumers, IUL is a multipurpose product that helps them accomplish a lot of different financial goals. For some lawyers, it is a seemingly endless source of business as lawsuits proliferate. Click HERE to read the full story via […]
Social Security Funds Will Last Until 2034: CBO
{September 3rd, 2024} by John Manganaro
The main trust funds used to support payments of Social Security retirement benefits are set to run dry in 2034, according to the latest annual funding report published by the Congressional Budget Office. That is one year later than the projection published last year, and it is roughly in line with what the Social Security trustees indicated in […]
“The most innovative companies shaping the future of the industry.”
{September 3rd, 2024} by Sheryl J. Moore
Wink, Inc. is featured as one of Nassau Financial Group Re/Imagine’s “Product Selectors” on their Top 100 Retiretech Companies of 2024. “The most innovative companies shaping the future of the industry.” Pretty cool! Check it out!
Need More Income in Retirement? Buy an Annuity Before Interest Rates Drop.
{September 3rd, 2024} by Neal Templin
If you are thinking of buying an income annuity in the next year or two, now is a good time to pull the trigger. Payouts surged for annuities in late 2022 as the Federal Reserve clamped down on rampant inflation, sending interest rates soaring. Now, as the Fed signals it is ready to begin chopping […]
New York Life VP: Retirement Planning Strategies Vary Across Age Groups
{September 3rd, 2024} by Lori Chordas
OLDWICK, N.J. //BestWire// – Jessica Ruggles, corporate vice president, New York Life, said baby boomers are more likely to have savings than other generations, while younger workers, including Gen Z, are recognizing the importance of early planning. View the video version of this interview here. Read the transcript here.
Best’s News: AM Best Says Life/Annuity Reinsurers Face Growing Competition as Conditions Improve
{September 3rd, 2024} by Caroline Saucer
OLDWICK, N.J. //BestWire// – New research indicates risk-adjusted capitalization for life/annuity reinsurers is expected to remain healthy through 2025, despite risks in investment portfolios and elevated mortality for some, according to Senior Financial Analyst Stephen Vincent in this week’s Best’s News. Click HERE to read the full brief via AM Best
Athene remains king of annuity sales, but others catching up, LIMRA finds
{September 3rd, 2024} by John Hilton
Athene Life & Annuity remained king of the annuity sales mountain during the first half of 2024, but their pursuers are more numerous and closing the gap, LIMRA reports. Athene sold more than $18.7 billion worth of annuities during the period, bettering its 2023 pace, LIMRA announced today. Athene, a wholly owned subsidiary of Apollo […]
SEC asks judge to force Greg Lindberg to explain missing $57 million
{September 3rd, 2024} by John Hilton
The Securities and Exchange Commission (SEC) is asking a North Carolina judge to force embattled financier Greg Lindberg to explain what happened to the $57 million he allegedly siphoned off the insurance companies he once owned. The SEC is suing Lindberg in the U.S. District for the Middle District of North Carolina, claiming he teamed […]
Battle Over New DOL Fiduciary Rule Has Just Begun
{September 3rd, 2024} by Melanie Waddell
The decisions by two federal district courts in Texas to stay the Labor Department’s fiduciary rule and its exemptions are “a very significant set of court decisions,” Brad Campbell, partner at Faegre Drinker in Washington, said on the firm’s recent Inside the Beltway webcast. “But it’s also technically just the first step in a litigation process […]
Best’s Market Segment Report: Life/Annuity Reinsurers Face Growing Competition as Conditions Improve
{September 3rd, 2024} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–Although higher interest rates and more favorable mortality trends have led to improved conditions for life/annuity reinsurance companies, it also has created more competition, with some backed by alternative investment managers or large private equity firms, according to a new AM Best report. The Best’s Market Segment Report, “Life/Annuity Reinsurers Face Growing Competition as Conditions Improve,” […]
PEAK BOOMER RETIREMENTS MEAN HUNDREDS OF THOUSANDS OF EMPLOYEES ARE LEAVING THE U.S. LABOR FORCE EVERY MONTH
{September 3rd, 2024} by Alliance for Lifetime Income
WASHINGTON, Aug. 27, 2024 /PRNewswire/ — U.S. employers will need to hire on average more than 240,000 people a month for the next five years just to replace jobs being left by those retiring from the workforce, according to a recent study on the economic impact of Peak Baby Boomer retirements. “We are in the early stages […]
TIAA announces strategic partnership with Accenture to accelerate transformation of its retirement recordkeeping
{September 3rd, 2024} by TIAA
NEW YORK, Aug. 27, 2024 /PRNewswire/ — TIAA, the largest U.S. provider of lifetime income, today announced a strategic partnership with Accenture (NYSE: ACN) to accelerate the transformation of TIAA’s retirement recordkeeping capabilities and operations. The agreement capitalizes on the strengths of both organizations to provide next-generation technologies and enhanced recordkeeping to TIAA’s plan sponsor clients and their […]
Unpacking Participant Interest in Guaranteed Lifetime Income: The Executive Interview
{September 3rd, 2024} by ASPPA Net Staff
The 2Q 2024 Quarterly Market Perceptions Study from Allianz Life Insurance Company of North America (Allianz) was recently published. The study provides valuable insights into participant demand for in-plan guaranteed lifetime income solutions, such as annuities, highlighting key differences among generations and demographic groups. Ben Thomason, Head of Defined Contribution Distribution at Allianz Life Insurance […]
How much money do you need for an annuity?
{September 3rd, 2024} by Rachel Christian
Annuities are one way to secure a stream of income in retirement. You fund an annuity with a lump sum or a series of payments, and in return, a life insurance company promises to provide you with a stream of payments — either now or in the future — for a set period or for the rest […]
Advisors are key to a positive annuity purchase experience
{September 3rd, 2024} by Ayo Mseka
With annuity demand expected to shatter records again this year, financial professionals should be prepared to discuss annuity options with their clients, especially since a recent survey from Nationwide shows that financial professionals play an important role in helping investors feel confident and have a positive annuity purchase. What is fueling annuity growth? The survey noted that […]
Pick it up, if you want to be inspired by a true believer.
{September 3rd, 2024} by Sheryl J. Moore
When I have a conflict, and cannot make a speaking gig, Tom Hegna is one of the individuals I refer business to. Over the years, he has become a good friend. And after he read my book, I figured that I better return the favor. So… I loved that “Pay Checks and Play Checks” was […]
It is SO disingenuous to make statements like this.
{September 3rd, 2024} by Sheryl J. Moore
WHAT?!? Click HERE for Commission-Free Annuities: A Guide to Understanding and Maximizing Retirement Savings I am SO tired of these guys. This distributor perpetuates so much bad information about annuities! Yeah, yeah- you sold over $2 billion in “no commission” annuities in 2022. We get it. (That is less than 1% of all deferred annuities […]
And already- it’s #4!
{September 3rd, 2024} by Sheryl J. Moore
Americo Financial Life and Annuity’s Instant Decision IUL was launched late in the first quarter of this year. And already- it is the #4 top-selling IUL in the country! Congratulations Todd Adrian and team! -sjm
Investors Race to Lock in Firm Annuity Guarantees
{September 3rd, 2024} by Allison Bell
Investors poured cash into traditional fixed-rate deferred annuities in the first half of the year. Sales of multi-year guaranteed annuities (MYGA) and other traditional fixed-rate deferred annuities increased to $83.7 billion in the first half, up 16% from the total for the first half of 2023, according to new issuer survey data from LIMRA. Overall […]
