As the first-quarter numbers roll in, the data is showing that investors are especially attracted to indexed annuities with shorter surrender periods. Sales through banks and broker-dealers skyrocketed as these distributors prefer the shorter surrender periods due to the higher rates and caps that they …
LIMRA has reported near-record fixed indexed annuity sales numbers, marking the sector’s second strongest first-quarter showing in 10 years. According to a recent InsuranceNewsNet article, FIA sales were up 11% to $14.5 billion, and many industry experts are crediting the Department of Labor fiduciary rule …
Nationwide has announced that they will let go 2,000 captive agents leading some industry experts to conclude that they could become the first mutual insurer to distribute annuities solely through independent agents. “To the best of my recollection, this will be the first time a …
Earlier this week, the Insured Retirement Institute (IRI) held it’s annual conference, VISION, giving industry members an opportunity to learn about emerging trends, network with peers, celebrate the organization’s 25th anniversary and connect with experts on a variety of topics that encompass the retirement industry. …
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