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 …
The list of the top variable annuities sold in bank channels this year was just compiled. The Bank Investment Consultant article “The Most Wanted List (of Variable Annuities,” by Kerry Pechter, talks about the most popular variable annuities of the year thus far. It’s well …
Prudential Financial Inc. and American International Group Inc. contributed to the United States’ largest variable annuity sales increase since 2007. According to Bloomberg’s “Variable-Annuity Sales Rise 11% as Prudential, AIG Post Gains” by Inyoung Hwang, the $35.5 billion in sales was an increase of 11% …
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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