Variable annuities aren’t the only annuity variety undergoing major changes after the DOL fiduciary rule was finalized. Fixed Index annuity insurers are also developing fee-based products, just like their variable annuity counterparts. Investment News’ Greg Iacurci talks about the new products in “Insurers developing fee-based …
The LIMRA Secure Retirement Institute just published their quarterly annuity sales report detailing the “Top 10 annuity sales leaders” from the first quarter. In an article for LifeHealthPro, Kristen Beckman listed the top sellers and discussed the big power shift between fixed and variable annuities. …
Allianz Life is the top seller of fixed indexed annuity products. Last year, Wink’s Sales & Market Report showed that they sold $53 billion of indexed annuities, which was a 33% sales increase from the year before. Allianz Life Insurance of North America is a …
2015 was a record breaking sales year for fixed indexed annuity products, especially in the fourth quarter. Nationwide Financial and AIG had the largest gains last year in indexed annuity sales. Investment News’ Greg Iacurci summarized last years winners and losers in the article “Nationwide, …
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