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ING U.S. Fixed Annuities Will Be Offered By Allstate

There is big news for Allstate customers who were disappointed earlier this year they announced that they would no longer be selling their fixed annuities.  By the end of this year, Allstate will no longer sell their Growth and Income Protector, Income Ready, or RightFit …

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ING’s Variable Annuities Lower Shares

On the heels of ING’s negative press regarding variable annuities, their shares fell an average of 5% this week.  This information comes from Henry Steelman’s Annuity News Journal article, “Shares in ING Group Fell 5% Wednesday.”  ING is a huge financial institution all over the …

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Top 20 Sellers of Total, Fixed, & Variable Annuities

LIMRA just released annuity sales results from the fourth quarter of 2010 and the total year results, according to Ruthie Ackerman’s article in the Financial Times. “Who Were the Top 20 Annuity Writers in 2010?” summarizes the top sellers.  Total annuity sales were published along …

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Variable Annuity Sales Help Prudential

Prudential Financial Inc. and Jackson National Life Insurance Company have seen a large increase in their variable annuity sales through banks.  Prudential has seen the majority of their overall growth come from new channels of distribution, rather than their past sales channels.  Their second quarter …

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