Prudential Financial, Inc. (NYSE: PRU) today announced the launch of Elevate, a suite of retirement products designed for the ...
According to a recent study conducted by Allianz Life Insurance Co. of North America, there is growing interest from participants in including annuities as part of employer-sponsored retirement plans, ...
LIMRA reported a new sales record of $120 billion in the year’s third quarter. More than half (51%) of Generation X respondents told the Nationwide Retirement Institute in a recent online survey that ...
Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide steady retirement income.
LIMRA Secure Retirement Institute (LIMRA SRI) predicts that while both income-focused annuity product sales and accumulation-focused annuity product sales will grow in the next five years, ...
Annuity sales are rising as retirees seek steady income, but only a small share rely on them. Here’s how annuities ...
Calling them “young investors,” the study surmised that millennials intend to buy insurance products during the next five years, doing so “in greater numbers than ever before.” Fueled by forces like ...
Roberta Rafaloff is a vice president of MetLife and head of the insurer’s institutional income annuities business. She recently shared with EBN her perspectives on the potential that annuities hold ...
In order to keep the individual annuity market alive amid economic turmoil, insurance companies will need to readjust their product risk, distribution and cost structures for the product, according to ...
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