Cogent research recently released study results in their Advisor Brandscape 2012 report. They polled close to 2,000 financial advisors, all of whom maintain assets under management of at least $5 million. This information comes from Financial Advisor magazine’s “Variable Annuity Demand To Stay Strong, Says …
Three life insurance companies are changing their variable annuities in the wake of some tumult in the industry. MetLife, Prudential, and the Hartford are either updating products or scaling down on variable annuity business, according to Darla Mercado of Investment News. In her article, “VA …
There have been a couple personnel changes at Prudential Financial that should bring new energy into their Annuities and Group Insurance businesses. The current President of Prudential Annuities, Stephen Pelletier, will now be the President of the Group Insurance business. His 20 years with Prudential …
Sammons Retirement Solutions is moving forward with a new variable annuity despite many carriers steering clear of variable annuities. Since interest rates have been low and the stock market volatile, insurers like MetLife and Prudential have lessened their variable annuity business. Sun Life Financial, out …
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