The American Society of Pension Professionals & Actuaries (ASPPA) recently summarized the trends that they saw in their industry last year. In “Growth in Engagement, Annuities, QLACs,” their staff wrote about the increasing importance of multiple annuity types to their industry. They used information from …
Americans are looking for lifetime income and providers are responding to this demand with new and improved products for defined contribution plans. In Plan Sponsor’s “Providers Respond to Participants’ Call for Lifetime Income,” John Manganaro talked about how the retirement income industry is evolving. Both …
The fixed indexed annuity market has been strong over the past couple of years and experts don’t think that will change anytime soon. LifeHealthPro’s Peggy Bresnick explained why “Demand (is) growing for fixed indexed annuities.” Over the last year, fixed indexed annuity sales went up …
U.S. Senator Elizabeth Warren recently questioned the ethics of annuity sales by sending letters to fifteen of the top annuity providers. Her concern lies with the incentives offered to insurance agents for selling annuity contracts. She is calling for a rule that ensures retirement advisors …
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