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Prudential to Halt Sales of Variable Annuities with GLWB

Prudential Financial has announced that they will no longer sell variable annuities with guaranteed living benefits in response to the uncertain economic climate and historic low interest rates. This includes the company’s Highest Daily Income and Prudential Defined Income annuity products, according to chairman and …

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New Variable Annuity from Transamerica

Last week Transamerica, a leading provider of life insurance, retirement and investment solutions, announced the launch of the Transamerica Advisory Annuity, a new low-cost variable annuity. The innovative product offers investors the following benefits, according to a recent article from Herald-Mail Media: Lower cost – …

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Allianz Partners With Orion to Provide Annuity Data

In a press release last week, Allianz Life Insurance Company of North America announced that it would be partnering with Orion Advisor Services, LLC to share annuity data with stakeholders. Orion is a top portfolio management solution provider for registered investment advisors (RIAs), and those …

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Lincoln Financial Announces New Variable Annuity

Lincoln Financial Group has recently announced the launch of a new indexed variable annuity, offering retirees options for protection and growth opportunities. According to a Business Wire press release, Lincoln Level AdvantageSM will allow clients to continue to build their savings while protecting assets from …

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