Bolstered by the highest fixed annuity sales since the second quarter of 2009, industry-wide annuity sales reached $57.5 billion during the third quarter of 2013 – a 5.5 percent increase from $54.5 billion in the previous quarter and an 8.7 percent i
Cyril Tuohy on 12/2/2013
With 2014 shaping up to be an active year in corporate pension risk transfer, institutional advisors may want to think about the factors affecting the cost for annuities that are used to guarantee pension obligations...
In reviewing third quarter indexed annuity sales, production was up more than 9 percent when compared to the previous quarter, and up more than 15 percent when compared with the same period last year...
Cyril Tuohy on 11/4/2013
A new study by Transamerica Retirement Solutions (TRS) finds that independent fee-only advisors and consultants gained market share at the expense of broker-dealers as the favored intermediary among retirement plans...
Linda Koco on 10/30/2013