Tag: Annuities

The Phoenix Companies, Inc., has formed a distribution company, Saybrus Partners, Inc., which has agreed to provide life insurance consulting services for financial advisers at Edward Jones.

Redefining defined contribution (DC) plans will dramatically improve outcomes for plan sponsors and participants, according to a new white paper released by Prudential Financial.

Variable annuities are now more widely held than fixed annuities among nonqualified annuity owners, according to a Gallup poll.

Prudential Annuities, the domestic annuity business of Prudential Financial, Inc., announced Tim Seifert joined the company as a vice president and director of National Sales.

An insurance marketing Web site has unveiled an iPhone application where users can calculate their necessary retirement savings and receive quotes on insurance coverage.

Prudential Annuities said its new Web site educates consumers about variable annuities in language that makes sense.

Prudential Annuities said it adjusted its annuity optional benefits, which allow investors to “lock in” the highest daily value of their annuity contract each day the market is...

The Phoenix Companies, Inc., introduced a “first-to-die” universal life insurance product that covers two lives under one policy, designed for married couples or business partners.

Morgan Stanley Smith Barney launched Select Retirement, an optional income protection feature that is specially designed to augment the Select UMA unified managed account program.

A measure allowing federal agencies to rehire retirees without a cut in annuity payments passed the U.S. Senate last week as part of the Defense Authorization bill.

Genworth Life and Annuity Insurance Company launched a variable annuity designed to help advisers personalize a guaranteed income strategy for clients.

A federal appellate court has sent a 2008 rule governing fixed indexed annuities (FIAs) back to the U.S. Securities and Exchange Commission (SEC) that the court said was...

NAVA, the Association for Insured Retirement Strategies has completed a rebranding and is now known as the Insured Retirement Institute (IRI).

The new Income Annuity Training Guide from the Principal Financial Group helps financial professionals understand how to offer income annuities as part of a retirement income strategy, the...

Bipartisan legislation has been introduced to give workers a new incentive to annuitize, rather than spend, their retirement savings.

John Hancock launched AnnuityNote, which the company said is designed to bring "guaranteed income to a broader market beyond the reach of traditional variable annuities."

MetLife Advisers (MLA) is partnering with Wilshire Funds Management for the MetLife Asset Allocation Program portfolios of Met Investors Series Trust, available primarily through MetLife Investors deferred variable...

A survey by Milliman of leading U.S. variable annuity (VA) carriers revealed that about 96% of variable annuities offered include some form of a guaranteed living benefit (GLB).

Envestnet, a provider of solutions to financial advisers, and Nationwide have partnered to offer two annuity products.

UNIFI Companies Retirement Plans has announced a new offering targeting the $3 million to $20 million retirement plans market.