Total annuity sales fell six percent in the first quarter of 2013, totaling $51.7 billion, according to LIMRA’s first quarter 2013 U.S. Individual Annuities Sales survey, which represents data from 94 percent of the market...
Cyril Tuohy on 5/22/2013
Geoffrey Brown, an expert in managing nonprofit groups and trade associations, has been appointed chief executive officer of National Association of Personal Financial Advisors (NAPFA), effective July 1...
As of December 2012, defined contribution (DC) in-plan guarantee assets totaled $2.2 billion, according to a new LIMRA sales survey measuring market growth of in-plan guarantees...
Cyril Tuohy on 5/20/2013
With defined contribution (DC) plans serving as the de facto pillar of retirement financing for many private sector workers, the question for many plan sponsors and advisors is how to stretch these plans to provide for workers in their ever-lengtheni
A recent LIMRA study suggests a growing interest in deferred income annuities as nine companies (seven covered in the survey) currently offer one and an additional eight companies are planning to introduce their own deferred income annuity (DIA)...