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Annuity Benefits Match Consumer Wants, But Education Is Needed

TIAA-CREF conducted a survey earlier this year of 1,000 Americans called the 2015 Lifetime Income Survey.  Insurance News Net’s Linda Koco summarized the recently released findings in the article “People Want Lifetime Income But Don’t Know Annuities.”  Having guaranteed monthly income in retirement is important …

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New Deferred Income Annuity Offers Flexible Pay Option

As deferred income annuities become increasingly popular, some insurance companies are making modifications that will peak the interest of a broader range of consumers.  In Insurance News Net’s “Carrier Aims Annuity At Younger Buyers,” Cyril Tuohy says that First Investor’s Life has introduced a flexible …

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Annuity Sales Increased 3% Last Year

LIMRA recently released their annuity sales totals for 2014.  LifeHealthPro’s Daniel Williams summarized the highlights of LIMRA’s Fourth Quarter 2014 U.S. Annuity Sales Survey in the article “Total U.S. annuity sales improve three percent in 2014.”  A 3% increase in total annuity sales is certainly …

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Few Workers with DC Plans Anticipate Annuity Income

LIMRA’s Secure Retirement Institute recently asked workers with defined contribution plans where annuities fit into their future retirement financing.  Insurance News Net’s Linda Koco summarized the results in her article “Where Do Annuities Fit In?”  Workers were asked where they expect their retirement income to …

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