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Fixed Index Annuities Add to Company Gains

The editors at Retirement Income Journal put together “The Bucket,” an article summarizing Financial Engines’ third quarter financial results.  The investment management company which gives retirement planning advice to employees saw a 45% increase in the assets they manage and a 31% increase in revenue …

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Equity Indexed Annuities Boost Income

Thanks to an increase in equity indexed annuities sales, American Equity Investment Life Holding Co. had a third quarter increase in their net income.  The Associated Press article, “American Equity posts $20.5M in 3Q net income,” is from Bloomberg Business Week.  After a net loss …

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Fixed Annuity Sales Up From First Quarter

According to Investment News’ article “NY Life tops 2Q list of fixed-annuities sellers” by Darla Mercado, fixed annuity sales increased from the first quarter of this year to the second quarter.  With sales of $19.4 billion in the second quarter, fixed annuity sales increased 18% …

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Fixed Index Annuities Battle Over

It looks like the battle is over for fixed indexed annuities and other indexed annuity products.  The U.S. Securities and Exchange Commission said they would have to reevaluate their information after the U.S. Court of Appeals vacated the SEC’s Rule 151A.  The SEC had hoped …

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