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Nationwide: Annuity Distribution Trendsetter?

Nationwide has announced that they will let go 2,000 captive agents leading some industry experts to conclude that they could become the first mutual insurer to distribute annuities solely through independent agents. “To the best of my recollection, this will be the first time a …

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Hybrid Annuities Continue to Gain Momentum

The hybrid annuity market has been on fire recently, and experts agree that it’s only going to get hotter. Eric Steigerwalt, president and CEO of Brighthouse Financial, is a big believer of the products and an even bigger seller of them. Steigerwalt claims that the …

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Legacy Announces New Deferred Indexed Annuity Line

In an effort to offer consumers more choice, control and flexibility, Legacy Marketing Group has just announced the launch of FlexMark Select (SM) Series single premium deferred indexed annuities. According to a recent article from Annuity Outlook Magazine, the products were developed with “A” rated …

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Symetra Jumps on the Fee-Based FIA Train

The fee-based fixed indexed annuity trend rolls on as Symetra Life Insurance announces the launch of Symetra Advisory Edge and Symetra Advisory Income Edge.  According to a recent news article, Advisors who sell Symetra annuities now have both the traditional commission-based Edge FIA products and …

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