Wink, Inc. Releases 2nd Quarter, 2025 Annuity Sales Results
{August 27th, 2025} by Wink's Intel Pros
–FOR IMMEDIATE DISTRIBUTION — NEWS RELEASE Structured Annuities Crush Previous Records! Wink, Inc. Releases 2nd Quarter, 2025 Annuity Sales Results Des Moines, Iowa. August 22, 2025- Wink’s Sales & Market Report, the insurance industry’s #1 resource for annuity sales data since 1998, released its 112th edition report for 2nd Quarter, 2025. […]
Second Quarter, 2025 Annuity Sales
{August 27th, 2025} by Sheryl J. Moore
All Annuity Sales Sales for the second quarter of 2025 were $114,925 million, compared with sales of $108,045 million for the second quarter of 2024. Second quarter annuity sales were up nearly 17% when compared to the previous quarter and up more than 6% when compared to the same period last year. All annuity sales […]
A closing that shows the sheer powerful gains that are possible with these products!
{August 27th, 2025} by Sheryl J. Moore
If you want your prospects to feel more comfortable with the idea of purchasing an indexed annuity, have I got the resource for you! **********************”Why I Bought Indexed Annuities”*********************** This text outlines: – My personal experience with indexed annuities (yes- it is funny AND interesting); – Laymen’s terms explanations of the products’ features; – Compelling […]
Jackson Launches New Fixed Index Annuity with Guaranteed Minimum Withdrawal Benefit
{August 27th, 2025} by Jackson National Life Insurance Company
LANSING, Mich.–(BUSINESS WIRE)–Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.2 (NYSE: JXN), today launched Jackson Income Assurance℠ and Jackson Income Assurance℠ Advisory, fixed index annuities (FIAs) with an embedded guaranteed minimum withdrawal benefit (GMWB)3. The new products provide protected lifetime income4 with additional opportunities for guaranteed withdrawal balance (GWB) growth. Jackson Income Assurance (commission-based) […]
Securian Financial Introduces AccumuLink™ Advance Registered Index-Linked Annuity
{August 27th, 2025} by Securian Financial
ST. PAUL, Minn.–(BUSINESS WIRE)–Securian Financial has entered the individual annuity market’s fastest-growing segment with the launch of AccumuLink™ Advance, a registered index-linked annuity (RILA). Issued by Minnesota Life Insurance Company, AccumuLink Advance gives financial professionals a new, competitive choice for building retirement portfolios through a combination of downside protection and upside potential strategies. This allows […]
Annuity sales surge to $115B in Q2, with a new market leader, Wink reports
{August 27th, 2025} by Staff Reports
Annuity sales popped in the second quarter, Wink, Inc. reports, to nearly $115 billion – up 16.9% over Q1 and up 6.3% over the year-ago quarter. Wink’s Sales & Market Report included 139 companies and included a shakeup at the top. Athene Annuity and Life Co. had been atop all annuity sales lists for several years and […]
Individual Annuities Post Another Strong Quarter of Growth
{August 27th, 2025} by Allison Bell
U.S. sales of individual annuities increased 6.4% between the second quarter of 2024 and the second quarter of 2025, to $115 billion, according to new issuer survey data from Wink. Analysts at Wink and other annuity sales tracking organizations predicted earlier in the year that sales growth might look weak this year because strong 2024 growth […]
Fed Interest Rate Team Worries About Some of Annuity Issuers’ Assets
{August 27th, 2025} by Allison Bell
The people who oversee the U.S. dollar and help the government set interest rates are wondering about some of life insurers’ assets. Federal Reserve System staff members told members of the Federal Open Market Committee last month that “life insurers’ allocation of assets toward private credit and risky assets, funded in part by nontraditional liabilities […]
Who Needs Another Plain Vanilla Annuity?
{August 27th, 2025} by Allison Bell
Marc Rowan, the CEO of Apollo Global Management — a company that brags about its comfort with the complicated worlds of private credit and high finance — has suggested that the market for multi-year guaranteed annuities has become a crowded, commoditized market. Chris Blunt, the CEO of F&G Annuities & Life, emphasized during his company’s second-quarter earnings […]
Could Annuity Issuer Bond Portfolio Groupthink Crash the Market?
{August 27th, 2025} by Allison Bell
What if U.S. life insurance and annuity issuers are putting so much of their bond portfolios in the hands of a few asset managers that this trend could crash the U.S. financial system? Three economists at the Federal Reserve Bank of Dallas raise this question in a recent working paper. The issuers have entrusted more than […]
Transamerica’s Parent Might Move Headquarters to U.S.
{August 27th, 2025} by Allison Bell
Aegon, the Dutch company that owns Transamerica, could move its corporate headquarters to the United States. E. Laird Friese, the chairman and CEO of the insurer, talked about the possibility Thursday, during a conference call with securities analysts. Friese hinted that big changes were ahead for Aegon in 2020, when he picked Duncan Russell to […]
‘Down-is-Up’ Features Proliferate in RILA Arms Race
{August 27th, 2025} by Cyril Tuohy
Only about four insurers that sell RILAs don’t offer loss-reversal features, according to estimates by Peter Lamond, variable annuity product director at Wink. Loss-reversal levers probably provide the most benefit on a one or two-year timeframe, Lamond said in an email, as the overall market is usually up over any longer period. “There are a lot of […]
Prudential Financial Expands EssentialTerm Suite, Affordable and Flexible Life Insurance to Help Protect What Matters Most
{August 27th, 2025} by Prudential
NEWARK, N.J.–(BUSINESS WIRE)–Prudential Financial, Inc. (NYSE: PRU) announces the expansion of its EssentialTerm Suite for policies of $250,000 face amount and above, offering more consumers greater choice to match their individual needs and budgets. Designed with the flexibility to transition to permanent coverage for long-term financial security, the suite of solutions helps customers protect what […]
Judge lets $67M premium financing lawsuit against MassMutual, Penn Mutual move forward
{August 27th, 2025} by John Hilton
A lawsuit filed by Montana funeral directors who claim a premium financing “scheme” cost them millions can proceed after a judge denied a motion to dismiss last week. Initially filed in July 2024, the lawsuit centers on the sale of $67.5 million worth of premium-financed life insurance policies. Defendants include MassMutual Life Insurance Co. and […]
Annuities vs. the 4% Rule: Why guaranteed income wins
{August 27th, 2025} by Susan Rupe
New research published in the Journal of Retirement found that full or partial annuitization leads to better retirement income outcomes than the 4% rule. The research also found that those with smaller nest eggs benefit from annuitizing more of their income. Researchers found that for anyone retiring with $250,000 or more in savings, a strategy of systematic […]
Product alert: New life insurance, annuity offerings hit the shelves
{August 27th, 2025} by Staff Reports
Monday became a new product release day as three prominent life insurance companies unveiled their new offerings. Jackson National Life Insurance Co. launched a pair of new fixed index annuities with an embedded guaranteed minimum withdrawal benefit. Jackson Income Assurance, a commission-based FIA, and Jackson Income Assurance Advisory, a fee-based FIA, each offer 7- and […]
Advisors face new challenge: Helping clients navigate ‘Gray Divorce’
{August 27th, 2025} by Avo Mseka
“Gray divorce” – divorcing near or after retirement – presents unique challenges, especially if a couple has created a retirement strategy together. This is according to the 2025 Annual Retirement Study from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. Although the national rate of divorce […]
Jackson National study reveals hidden dangers for risk-averse investors
{August 27th, 2025} by Avo Mseka
A new Jackson National Life Insurance study exposes a surprising truth: Risk-averse investors may be vulnerable to a different form of market risk — the risk of low long-term returns. The research, the fourth installment in Jackson’s Security in Retirement Series research, was conducted in collaboration with the Center for Retirement Research at Boston College. read at […]
How do Americans find and hire financial advisors? New research breaks it down
{August 27th, 2025} by Leo Almazora
A new report from Wealthtender sheds light on the evolving ways Americans search for and select financial advisors, revealing a process shaped by digital tools, personal recommendations, and a growing emphasis on trust and transparency. Read at InvestmentNews
Elite Medicare Specialists Partners with Integrity to Optimize Operational Performance and Better Reach Underserved Communities
{August 27th, 2025} by Integrity Marketing Group, LLC
DALLAS, Aug. 20, 2025 /PRNewswire/ — Integrity, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has partnered with Elite Medicare Specialists, an independent marketing organization based in Petersburg, Virginia, and led by Tia Vango. Financial details of the partnership were not disclosed. “Tia is an impressive leader […]
OneAmerica Financial® kicks off 12th Annual ‘Week of Caring’
{August 27th, 2025} by OneAmerica Financial
INDIANAPOLIS, Aug. 25, 2025 /PRNewswire/ — OneAmerica Financial® continues a yearly tradition of dedicating a week of volunteer service to its local communities. Hundreds of associates will assist 26 nonprofits during the 12th annual Week of Caring. Through both in-person and virtual activities, OneAmerica Financial associates will volunteer their time to support the organization’s community commitment. “When our […]
Real Life Solutions Advances Community Service Mission by Uniting with Integrity
{August 27th, 2025} by Integrity Marketing Group, LLC
DALLAS, Aug. 26, 2025 /PRNewswire/ — Integrity, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has partnered with Real Life Solutions, an independent marketing organization based in Dallas, Texas, and led by Unique Hunnicutt. Financial details of the partnership were not disclosed. Passionate about engaging […]
Symetra Named to 2025 PEOPLE® Companies That Care™ List
{August 27th, 2025} by Symetra
BELLEVUE, Wash.–(BUSINESS WIRE)–Symetra Life Insurance Company, a national provider of life, retirement and employee benefits insurance products, announced that it has been named to the 2025 PEOPLE® Companies That Care List™, coming in at No. 71 among the top 100 organizations recognized. Compiled by Great Place To Work® and PEOPLE magazine, the annual list honors companies that “go […]
Primerica Household Budget Index™ Data: Purchasing Power for Middle-Income Families Relatively Unchanged in July
{August 27th, 2025} by Primerica
DULUTH, Ga.–(BUSINESS WIRE)–The latest Primerica Household Budget Index™ (HBI™) data, a monthly economic metric that examines how inflation and wage trends impact the ability of middle-income families to afford life’s everyday necessities, was 100.1% in July, a 0.1% increase from a month ago and up 1.0% from a year ago. The Consumer Price Index (CPI), […]
VM-22 guidelines set to reshape annuity reserving
{August 27th, 2025} by Jonalyn Cueto
The National Association of Insurance Commissioners’ Valuation Manual (VM)-22 is scheduled to take effect on Jan. 1, 2026, with mandatory compliance beginning on Jan. 1, 2029. The framework introduces principle-based reserving requirements for non-variable annuities, replacing the Commissioners Annuity Reserve Valuation Method (CARVM). The guidelines will apply to accumulation products such as fixed indexed annuities, […]
When are you going to develop an indexed annuity?
{August 27th, 2025} by Sheryl J. Moore
Okay, Equitable…I see that this year you finally introduced a multi-year guaranteed annuity (MYGA). What I want to know is: when are you going to develop an indexed annuity? Everybody’s doin’ it! (I’m looking at you, New York Life Insurance Company.) -sjm Join in the LinkedIn discussion
Single mom on welfare to an insurance evangelist
{August 27th, 2025} by Sheryl J. Moore
Thank you so much for inviting me to speak at this event, Jeremy Nason, RFC®, David H. Kinder, RFC®, ChFC®, CLU® and Cheryl Fainelli, RFC®! I am excited to share my story, on how I went from a single mom on welfare to an insurance evangelist! -sjm
Aegon reports first half year 2025 results
{August 26th, 2025} by Aegon
Schiphol, August 21, 2025 – Please click here to access all 1H 2025 results related documents. 1H 2025 Financial highlights Net profit of EUR 606 million compared with a net loss of EUR 65 million for the first half of 2024 Operating result of EUR 845 million, up 19% compared with the first half of 2024, reflecting […]
Brookfield Wealth Solutions Announces Second Quarter Results and Three-for-Two Stock Split
{August 25th, 2025} by Brookfield
BROOKFIELD, NEWS, Aug. 07, 2025 (GLOBE NEWSWIRE) — Brookfield Wealth Solutions (NYSE, TSX: BNT) today announced financial results for the quarter ended June 30, 2025. Sachin Shah, CEO of Brookfield Wealth Solutions, stated, “Our business continues to generate strong returns across a growing offering of products. With the pace of sales expected to increase in […]
Mount Logan Capital Inc. Announces Second Quarter 2025 Financial Results
{August 25th, 2025} by Mount Logan Capital
TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (Cboe Canada: MLC) (“Mount Logan” or the “Company”) announced today its financial results for the quarter ended June 30, 2025. Second Quarter 2025 Highlights FRE for the asset management segment was $1.9 million for the quarter, an increase of 19% compared to the second quarter […]
Lincoln Financial’s Strategic Expansion into Fixed Indexed Annuities: A New Era of Risk-Adjusted Returns
{August 25th, 2025} by MarketPulse
In an era where low-yield environments dominate global markets, investors are increasingly seeking products that balance growth potential with downside protection. Lincoln Financial’s recent innovations in Fixed Indexed Annuities (FIAs) exemplify this shift, offering a blueprint for how insurers can adapt to evolving demand while maintaining competitive edge. By introducing the 1 Year Cap Lock and 1 Year […]
Transamerica Launches Triple Edge Advantage to Help Investors Pursue Growth and Protection in Uncertain Markets
{August 19th, 2025} by Transamerica
BALTIMORE, Aug. 18, 2025 /PRNewswire/ — With market volatility and investor uncertainty on the rise, Transamerica has introduced a new registered index-linked annuity crediting strategy designed to help retirement savers pursue growth while managing risk. Triple Edge Advantage, now available with the Transamerica Structured Index Advantage® Annuity and the Transamerica Structured Index Advantage® New York, offers a disciplined […]
Lincoln Financial Enhances Fixed Indexed Annuities With New Cap Lock Strategy and Exclusive Nasdaq Priva™ Index
{August 19th, 2025} by Lincoln Financial Group
RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial (NYSE: LNC) announced today the latest enhancements to its fixed indexed annuities (FIAs) to help meet investor needs for more upside growth opportunity and diversification. Lincoln has added a 1 Year Cap Lock account that tracks the performance of the S&P 500® and a 1 Year Participation account that tracks the performance […]
Corebridge Rolls Out New Fixed-Indexed Annuity With 200% Multiplier Feature
{August 19th, 2025} by Cyril Tuohy
Power Select AICO is the first fixed-indexed annuity with a multiplier that has an explicit fee directly associated with it, according to Sheryl Moore, CEO of Wink, publisher of Wink‘s Sales & Market Report, long-time tracker of the life and annuity market. While Allianz Life was the first to offer a multiplier on an indexed annuity, other carriers incorporate multipliers […]
Labor Department withdraws annuity safe harbor rule after industry pushback
{August 19th, 2025} by Leo Almazora
The US Department of Labor has withdrawn a direct final rule that would have eliminated a long-standing regulatory safe harbor for selecting annuity providers in workplace retirement plans, following significant opposition from the Insured Retirement Institute and other industry stakeholders. Read via InvestmentNews Wink’s Moore on the Market: Insurance industry: 1 U.S. Department of Labor: […]
New York Life Enters the Fixed-Indexed Annuity Market – for Real This Time
{August 19th, 2025} by Cyril Tuohy
New York Life sold $1.6 billion in variable annuities in the first quarter, according to industry researcher Wink, publisher of Wink‘s Sales & Market Report. “Holy buckets,” wrote Wink CEO Sheryl Moore, of New York Life’s debut of the IndexFlex Fixed Annuity series. “H*ll has frozen over.” Moore noted that nearly 20 years ago, New York Life warned its […]
30% of Life and Annuity Issuers Cut Staffing in Past Year: Survey
{August 19th, 2025} by Allison Bell
Market shifts and technology advances might be cutting employment levels at some life, health and annuity issuers. Analysts from the Jacobson Group, Aon and Aon’s Ward unit published insurance company hiring survey data raising that possibility last week. Read at Think Advisor
Judge Lets Family’s Suit Over $67.5M in Life Insurance Move Forward
{August 19th, 2025} by Allison Bell
A federal judge in Montana has let a family move forward with most of its allegations against a team that helped it use premium financing to buy $67.5 million in cash-value life insurance in 2014 and 2017. The family argues that the arrangement was supposed to generate modest, steady growth but instead lost value when […]
Tax Court Rules Against Micro-Captive Case Involving Life and Annuity Assets
{August 19th, 2025} by Allison Bell
A U.S. Tax Court has ruled against a business owner who used a micro-captive property and casualty insurance arrangement funded with cash, an annuity and a cash-value life insurance policy, agreeing with the Internal Revenue Service that the arrangement “is not insurance for federal income tax purposes.” Read at Think Advisor
AM Best Affirms Credit Ratings of Sammons Financial Group, Inc. and Its Subsidiaries
{August 19th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of Midland National Life Insurance Company (Midland National) and North American Company for Life and Health Insurance (North American) (both domiciled in West Des Moines, IA). In addition, AM Best has affirmed […]
Americans with Life Insurance Dramatically More Confident in the Ability of Their Loved Ones to Manage Financially Without Them
{August 19th, 2025} by Corebridge Financial
HOUSTON–(BUSINESS WIRE)–According to new research from Corebridge Financial, Americans with life insurance are significantly more likely to say that their spouse or dependents would be able to manage financially without them, with an impressive 47% of those with life insurance saying they are either completely confident or very confident, compared to just 28% for those […]
Sammons Financial Group Employees Direct $175,000 to Iowa Charities
{August 19th, 2025} by Sammons Financial Group
WEST DES MOINES, Iowa–(BUSINESS WIRE)–Sammons® Financial Group, Inc. announced the results of its 2025 Community Outreach Program. Sammons Financial Group employees selected 25 organizations to receive a total of $175,000 in financial support. Recipient charities were invited to the company’s West Des Moines headquarters to further connect with employees about their organization and mission. The initiative, started […]
New Study by EVERFI® and the MassMutual Foundation Underscores the Critical Importance of Multiple Financial Educational Interventions
{August 19th, 2025} by MassMutual Foundation
SPRINGFIELD, Mass. & WASHINGTON–(BUSINESS WIRE)–Today, EVERFI® and the MassMutual Foundation announced findings from the third and final year of a three-year, longitudinal study of financial capability among adolescents. The release of this new data occurs as the MassMutual Foundation’s FutureSmartSM financial literacy curriculum also celebrates the milestone of reaching six million learners. EVERFI and the MassMutual Foundation’s first-of-its-kind study has […]
U.S. Financial Confidence Continues to Drop: New Data from the Mutual of Omaha Protection Index Report Underscores Taking Timely Action to Proof the Futures of Americans
{August 19th, 2025} by Mutual of Omaha
OMAHA, Neb.–(BUSINESS WIRE)–With the goal to empower Americans to protect what matters the most and achieve their financial goals, Mutual of Omaha reveals the findings from its Protection Index Report, to mark National Financial Awareness Day today. The proprietary research study*, which highlights a critical need to address both short-term concerns and long-term financial confidence, reinforces Mutual of […]
New Jackson Study Uncovers Surprising Retirement Vulnerabilities and Missteps in Managing Market Risk
{August 19th, 2025} by Jackson Financial Inc.
LANSING, Mich.–(BUSINESS WIRE)–Jackson National Life Insurance Company® (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today unveiled key findings from its latest research on market risk,2 conducted in collaboration with the Center for Retirement Research at Boston College. This study, the fourth installment in Jackson’s Security in Retirement Series, sheds light on how investors perceive, plan for […]
Delaware Life Featured in Barron’s List of 100 Best Annuities for Sixth Consecutive Year
{August 19th, 2025} by Delaware Life Insurance Company
ZIONSVILLE, Ind.–(BUSINESS WIRE)–Delaware Life Insurance Company, a Group 1001 company, announces Barron’s has included the Accelerator Prime® Variable Annuity (“APVA”) in their “100 Best Annuities” annual list, marking APVA’s sixth consecutive appearance in the list. APVA was recognized for its income guarantees in the categories of both Single Life and Joint Life. “We are honored to be included in […]
Inside the daily discipline of annuity leaders
{August 19th, 2025} by Tad Fifer
Charisma might get someone through a first meeting, but it won’t carry a career. The producers who consistently outperform the rest are those who treat this business like a craft. They have systems in place. They prepare with intention. They stay curious, teachable and grounded in real-world client outcomes. Read at INN
Is the life insurance industry evolving fast enough to meet consumer expectations?
{August 19th, 2025} by Susan Rupe
The life insurance and annuity industry has been in a race to catch up with other industries in the adoption and use of digital tools and artificial intelligence. How much progress have life insurance and annuities made in that race to catch up? Two industry experts gave their views during a recent webinar by Sureify. […]
DOL seeks another delay to decide on fiduciary rule future
{August 19th, 2025} by John Hilton
The Department of Labor remains undecided about what to do with the Biden-era Retirement Security Rule, its latest attempt to expand fiduciary duty. The rule remains in limbo after a pair of Texas federal district courts issued stays last summer. DOL attorneys requested a 60-day delay from the Fifth Circuit Court of Appeals in April, citing the […]
NAIC gets pushback on fast-track effort to add ‘rigor’ to 33-year-old RBC standard
{August 19th, 2025} by John Hilton
State insurance regulators are moving quickly on a controversial plan to overhaul the risk-based capital (RBC) framework by the end of 2025. The Risk-Based Capital Model Governance Task Force was established in February by the National Association of Insurance Commissioners. Its first task: to update the RBC standard hammered out by the NAIC in 1992. […]
Winning With AI: Strategies from the insurance industry’s top performers
{August 19th, 2025} by Rayne Morgan
After ranking among the top five insurers with the best AI rollout, experts from Manulife and AXA shared key insights into their AI deployment strategies, including deployment structure, innovation and research, timeline balance, and talent management. AXA ranked in first place and Manulife – parent company of John Hancock – in fifth out of dozens […]
Athene Q2 annuity sales remain strong despite 19% drop
{August 19th, 2025} by John Hilton
As Q2 2025 came to a close, Athene Holding remained strong in annuity sales, but saw pension deals virtually evaporate. And though Athene is a leader in annuity sales, those sales declined 19% from Q2 2024 to $7.26 billion. In June, Athene announced Grant Kvalheim’s ascension from president to CEO. Athene co-founder and longtime CEO […]
Nationwide Picks Hawley to Succeed Carter as Financial Services Head
{August 19th, 2025} by Allison Bell
Nationwide has named Craig Hawley to succeed John Carter as the president and chief operating officer in charge of its Nationwide Financial business. Nationwide Financial sells life insurance, annuities, retirement plans, investment services and employee benefits. Read via Think Advisor Wink’s Moore on the Market: Guess who is the new head of Financial Services at Nationwide […]
Private Equity Will Never Be the Same. 401(k)s Are the Golden Goose.
{August 19th, 2025} by Joe Light
A $12 trillion market for retirement savings is the golden goose for asset managers, but for private-equity funds it has been pretty much untouchable. That is about to change. President Donald Trump this month signed an executive order meant to open up 401(k)s and similar retirement plans to private-market assets, including private equity, credit, and real […]
Raymond James Adds $1.8B Team from M Financial Group.
{August 19th, 2025} by AInvest
Raymond James has recruited a team of 16 advisors, including Greenberg & Rapp principals Thomas C. Rapp and Ronald J. Greenberg, with $1.8 billion in client assets from M Financial Group. The team specializes in private placement life insurance and private placement variable annuities and joins Raymond James Financial Services, the firm’s independent broker/dealer channel. […]
Suze Orman: Time to ‘Be Conservative’ With Your Retirement Portfolio
{August 19th, 2025} by Jane Wollman Rusoff
Suze Orman has been giving financial advice for more than 45 years, first as a financial advisor — at Merril Lynch, Prudential Bache and her own firm, The Suze Orman Financial Group — then as an Emmy- winning TV host, author of 10 bestselling books and as host of the long-running “Women & Money” podcast. […]
Newsweek Names Integrity One of Nation’s Greatest Workplaces for Parents and Families
{August 19th, 2025} by Integrity Marketing Group, LLC
DALLAS, Aug. 14, 2025 /PRNewswire/ — Integrity, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has been recognized by Newsweek as one of America’s Greatest Workplaces for Parents and Families. This highly selective award spotlights companies that emphasize a work-life balance, prioritize the needs of […]
Corebridge Financial Partners with Market Synergy Group to Launch Power Select AICO Index Annuity
{August 12th, 2025} by Corebridge Financial
HOUSTON–(BUSINESS WIRE)–Aug. 7, 2025– Corebridge Financial today announced the launch of Power Select AICOSM, a new index annuity that expands the strong partnership between Corebridge and Market Synergy Group (MSG), one of the nation’s largest networks of independent marketing organizations. Power Select AICO is designed to provide enhanced growth potential with an Additional Interest Credit Overlay (AICO) feature that […]
Welcome to the club, NYL!
{August 12th, 2025} by Sheryl J. Moore
Holy buckets. https://www.nylannuities.com/new-york-life-annuities/indexflex-fixed-annuity H*ll has frozen over. Literally. New York Life Insurance Company just launched an indexed annuity. Welcome to the club, NYL! (P.S. Is this the same company that said, in about 2006, that if their agents sold indexed life and indexed annuities that they would be subject to termination?) -sjm
The Decline and Fall of the Guaranteed Living Benefit in VAs
{August 12th, 2025} by Warren S. Hersch
Several industry dynamics are driving the shift. Peter Lamond, variable annuity product director at Wink, cited the capital strain imposed by guaranteed products. Carriers must hold more reserves to back living benefits compared to products without such features. In addition, these guarantees require more expensive hedging strategies to manage risks tied to features such as guaranteed […]
So, does outsourcing customer service outside of the U.S. have an influence on which insurance companies you do business with?
{August 12th, 2025} by Sheryl J. Moore
One of my friends had a question that I thought would be interesting for us to discuss. “Is where an insurance company’s customer service located (domestic vs. foreign) a determinant in your annuity/life insurance product selection?” So, does outsourcing customer service outside of the U.S. have an influence on which insurance companies you do business […]
This has kind of been a “thing” since before AG49-B
{August 12th, 2025} by Sheryl J. Moore
Hybrid indices on indexed life are in regulators’ crosshairs again. Read NAIC takes another swing at stricter rules on life insurance illustrations via INN. Astoundingly, the regulators have backed off of a mandate that would require these indices to have existed for 10-20 years, to illustrate them. Now, the expectation looks like it is being […]
F&G Annuities & Life Reports Second Quarter 2025 Results
{August 12th, 2025} by F&G Annuities & Life, Inc.
DES MOINES, Iowa, Aug. 6, 2025 /PRNewswire/ — F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company) a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today reported financial results for the second quarter ended June 30, 2025. Net earnings attributable to common shareholders (net earnings) for the second quarter of $35 million, […]
F&G Annuities & Life Announces Executive Management Transition
{August 12th, 2025} by F&G Annuities & Life, Inc.
DES MOINES, Iowa, Aug. 6, 2025 /PRNewswire/ — F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company) a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today announced that John Currier will transition from his role as President of F&G after 10 years of service with the Company in various leadership roles […]
F&G Annuities & Life Announces Strategic Partnership With New Reinsurer Backed by Blackstone Managed Funds
{August 12th, 2025} by F&G Annuities & Life, Inc.
DES MOINES, Iowa, Aug. 6, 2025 /PRNewswire/ — F&G Annuities & Life, Inc. (NYSE: FG) (F&G) today announced that F&G has launched a strategic partnership with a new reinsurance vehicle backed by Blackstone managed funds, with approximately $1 billion in anticipated capital commitments. The reinsurer will provide long-term, on demand growth capital to F&G through a forward flow reinsurance agreement […]
Annuity Market Has Room for New Competition, Equitable Execs Say
{August 12th, 2025} by Allison Bell
Equitable is facing more competition in the registered index-linked annuity market. The new RILA competition is lowering the high internal rates of return that Equitable could earn on RILA contracts when it had that market all to itself. And the new competition is fine, company executives told securities analysts Wednesday, during a conference call the […]
Brighthouse Executives Face Analyst Questions About Deal Rumors
{August 12th, 2025} by Allison Bell
After Brighthouse Financial released earnings for the first quarter, Wall Street securities analysts used a subtle approach when asking company executives about the possibility that the company might soon go through a merger or acquisition. Today, during a conference call Brighthouse organized to go over earnings for the second quarter, the analysts repeatedly pressed Brighthouse […]
FNF Reports Second Quarter 2025 Financial Results
{August 12th, 2025} by Fidelity National Financial, Inc.
JACKSONVILLE, Fla., Aug. 6, 2025 /PRNewswire/ — Fidelity National Financial, Inc. (NYSE:FNF) (FNF or the Company), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority-owned, publicly traded subsidiary F&G Annuities & […]
12 Best & Worst Annuity Issuers: Q2 Sales, 2025
{August 12th, 2025} by Allison Bell
U.S. annuity issuers went into the second quarter of 2025 facing economic uncertainty, tough competition and a 2024 that featured terrific annuity sales. The headwinds caused the issuers’ earnings to move every which way. Changes in 12 publicly traded issuers’ individual annuity sales between the second quarter of 2024 and the latest quarter ranged from […]
Brighthouse Financial execs evade sale rumors in testy Q2 call
{August 12th, 2025} by John Hilton
Brighthouse Financial is surely going to be sold. Whether it happens sooner or later remains a mystery after executives revealed little during a Friday morning conference call with Wall Street analysts. According to the Wall Street Journal, the sale is likely sooner, and to the investment firm Aquarian Holdings. Brighthouse is highly sought for its annuity […]
Is it time for bitcoin life insurance?
{August 12th, 2025} by Susan Rupe
With about 28% of U.S. adults now holding some form of cryptocurrency, Zac Townsend believes it is time to consider a bitcoin life insurance policy as part of a protection plan. Townsend founded Meanwhile, the world’s first and only bitcoin life insurance company. Meanwhile is the only licensed and government-regulated life insurer that is fully denominated and […]
New AI tool helps insurers navigate complex policies
{August 12th, 2025} by Rayne Morgan
The recent trend of increasingly sophisticated and costly claims amid a “talent cliff” in the American insurance industry has led one Chicago-based startup to launch an AI tool that will help insurance professionals navigate complex policies. Qumis, founded in 2022, delivers AI solutions that help insurance professionals understand complex policy language while saving time and […]
Annuity industry looks to innovation, product design to spur growth
{August 12th, 2025} by Doug Bailey
The annuity industry is navigating choppy waters, but insurers are steering hard toward innovation in product design, distribution, and technology to stay afloat and position for long-term growth, according to the 2025 Annuity Industry Survey by Goldman Sachs Asset Management. Gathered during a particularly volatile stretch this spring — around the time of the “Liberation […]
When access isn’t enough: Stigma keeps half of American workers from utilizing mental health benefits
{August 12th, 2025} by Prudential
NEWARK, N.J.–(BUSINESS WIRE)–Employers say the well-being of their employees is a priority — and many invest in employee assistance programs (EAPs) — yet many workers still don’t seek the support they need due to stigma and confidentiality concerns, according to a new installment of Prudential Financial Inc.’s 2025 Benefits & Beyond study, “New Workforce Expectations: Address […]
Equitable Holdings Reports Second Quarter 2025 Results
{August 12th, 2025} by Equitable Holdings, Inc
NEW YORK–(BUSINESS WIRE)–Equitable Holdings, Inc. (“Equitable Holdings”, “Holdings”, or the “Company”) (NYSE: EQH) today announced financial results for the second quarter ended June 30, 2025. “We reported second quarter Non-GAAP operating earnings per share of $1.10, or $1.41 excluding notable items, down 8% from the prior year quarter. While results were below our expectations in […]
Jackson Announces Second Quarter 2025 Results
{August 12th, 2025} by Jackson National Life Insurance Company
LANSING, Mich.–(BUSINESS WIRE)–Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced its financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Key Highlights Retail annuity sales1 of $4.4 billion in the second quarter of 2025, up 4% from the second quarter of 2024, reflecting continued strong demand across our product suite Variable annuity sales1 of […]
AM Best Revises Outlooks to Negative for Heartland National Life Insurance Company
{August 12th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Heartland National Life Insurance Company (HNL) (Indianapolis, IN). The Credit Ratings (ratings) reflect HNL’s balance sheet strength, which AM Best assesses as strong, as well as its […]
Brighthouse Financial Announces Second Quarter 2025 Results
{August 12th, 2025} by Brighthouse Financial, Inc
CHARLOTTE, N.C.–(BUSINESS WIRE)–Brighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today its financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Results The company reported net income available to shareholders of $60 million in the second quarter of 2025, or $1.02 per diluted share, compared with net income […]
AM Best Revises Outlooks to Stable for GBU Financial Life
{August 12th, 2025} by GBU
OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of GBU Financial Life (GBU) (Pittsburgh, PA). These Credit Ratings (ratings) reflect GBU’s balance sheet strength, which AM Best assesses as strong, as well as its […]
Are Annuity Buyers Gaming the System?
{August 12th, 2025} by John Manganaro
There’s one big difference between banks and insurance companies when it comes to disclosing information to customers about the government guarantees that are in place to protect some or all of their assets. On the one hand, the Federal Deposit Insurance Corp. requires that banks “prominently display” information about their customers’ deposit insurance in a […]
Venerable Holdings starts flow reinsurance with Corebridge unit
{August 12th, 2025} by Kenneth Araullo
Venerable Holdings, Inc. announced it has begun new business variable annuity flow reinsurance with American General Life Insurance Company, a Corebridge Financial, Inc. subsidiary, and has completed a separate reinsurance transaction with the company effective Aug. 1, 2025. The flow reinsurance arrangement includes a 100% quota share from AGL, which is domiciled in Texas, and […]
This has not been necessary with the other insurance companies I have been dealing with.
{August 12th, 2025} by Sheryl J. Moore
Still dealing with my father’s affairs, since he was diagnosed with dementia, and had no power of attorney at that time… Latest challenge: Trying to change the ownership on his life insurance policy with Corebridge Financial. TRYING. This is essential as Dad is confined to a nursing home, and they have informed me that they […]
Annuities Are Coming in New Shapes and Sizes. Here Are the 100 Best Ones.
{August 12th, 2025} by Karen Hube
If you determine you could benefit from an annuity, it’s still a leap to discern which one will serve you best. There are about 2,000 different annuity contracts, and if you count variations—you can choose different stock indexes, protection levels, death benefits, income styles, and upside design—the number explodes beyond that. Consider one of the […]
DOL Pulls Back Biden-Era Rule On Independent Contractors
{August 12th, 2025} by Alex Kim
The U.S. Department of Labor (DOL) has announced it will no longer enforce or apply the Biden-era final rule regarding independent contractor (IC) classification. This shift marks a significant win for financial security professionals who choose to operate as independent contractors rather than employees. On May 1, the DOL issued Field Assistance Bulletin No. 2025-1, stating […]
SEC Staff Updates Guidance on Rate Sheet Supplements to Include Changes to Index Loss Limits in RILAs
{August 12th, 2025} by Harry Eisenstein
On August 4, SEC staff updated guidance on the use of rate sheet supplements in disclosing changes to terms in insurance products. As revised, updated ADI 2018-05 enables insurers to use rate sheet supplements to notify investors of changes to current limits on index losses in registered index-linked annuities (RILAs). Two Rate Sheet Supplement Alternatives The updated […]
Transamerica Life Sued Over Variable Annuity Premium Taxes
{August 12th, 2025} by Allison Bell
The former owner of a variable annuity written by Merrill Lynch Life Insurance Co. in 1993 is suing over how the company now administering the contract — Transamerica Life Insurance Co. — handled premium tax costs. Barry Katz, a Pennsylvania resident, owned a Merrill Lynch Investor Choice Annuity, IRA Series annuity contract. Read via Think […]
Guaranteed for Term
{August 5th, 2025} by Wink's Intel Pros
You know how guaranteed rates for the term are becoming a “thing” on indexed annuities? Well, we are tired of updating a spreadsheet with this information. We added a Guaranteed Rates for Term filter to our Product Search and Product Rates page. Hope you love it!
It only costs FREE-ninety-nine
{August 5th, 2025} by Sheryl J. Moore
I don’t like it when people act like Guaranteed Lifetime Withdrawal Benefits (GLWB) are the only way to get a “paycheck for life,” when discussing indexed annuities. ************************HOW ABOUT ANNUITIZATION?************************ Annuitization can also offered guaranteed lifetime income, and it only costs FREE-ninety-nine. Sure, “income riders” provide flexibility and death benefits that annuitization does not. However, […]
It’s as “simple” as that!
{August 5th, 2025} by Sheryl J. Moore
“5 common annuity mistakes to avoid now, retirement experts say” While I agree that annuities are generally complex instruments, I simplify the choices by asking the following: 1. When is income needed? If within a year, consider an immediate annuity. If after one year, consider a deferred annuity. 2. How will you fund the annuity? […]
Best’s Special Report: Growing Number of Insurers Outsourcing Their Investment Management Needs
{August 5th, 2025} by AM Best
OLDWICK, N.J.–(BUSINESS WIRE)–The number of insurers outsourcing investments to asset managers continues to grow, particularly in the U.S. life/annuity (L/A) industry, according to a new AM Best report. The newly issued Best’s Special Report, titled “Growing Number of Insurers Outsourcing Their Investment Management Needs,” also notes that more private equity/asset manager (PE/AM) companies have been investing in L/A […]
Corebridge Financial Closes on Largest Portion of Individual Retirement Variable Annuity Transaction with Venerable
{August 5th, 2025} by Corebridge Financial
HOUSTON–(BUSINESS WIRE)–Corebridge Financial, Inc. (“Corebridge” or the “Company”) (NYSE: CRBG) today announced that it has successfully closed on the largest portion of the previously announced agreement with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Venerable Holdings, Inc. (“Venerable”), reinsuring all the Individual Retirement variable annuities issued by American General Life Insurance Company (“AGL”), […]
RetireOne® and Western & Southern Financial Group® Partner to Enhance Retirement Planning Solutions for Advisors to Offer SPIA and DIA solutions
{August 5th, 2025} by RetireOne
LOUISVILLE, Ky., Aug. 4, 2025 /PRNewswire/ — RetireOne, a leading independent platform for fee-based insurance solutions, in partner with Western & Southern Financial Group. As part of this partnership, Western & Southern’s Deferred Income Annuity (DIA) and Single Premium Immediate Annuity (SPIA) will be made available through RetireOne’s Fiduciary Insurance Marketplace. These solutions are designed to help RIAs […]
Prudential Q2 profits rise as new CEO champions strategic overhaul
{August 5th, 2025} by John Hilton
Prudential Financial is evolving under new CEO Andy Sullivan and saw second-quarter profits rise as new plans took shape. In June, Prudential announced a major consolidation of fixed income and private credit units within PGIM – the company’s global investment management business – to create a nearly $1 trillion credit platform. John Vibert, as head […]
Judge sets public hearing on PHL Variable moratorium changes
{August 5th, 2025} by John Hilton
Judge Daniel J. Klau approved a schedule Tuesday for public comment and a hearing on the modification of a moratorium on access to PHL Variable benefits. The public hearing is set for 9:30 a.m. on Oct. 21. Connecticut Insurance Commissioner Andrew Mais — serving as the rehabilitator for the financially troubled PHL – proposed amending the […]
Bright outlook for agents as life, annuity sales set to climb, Conning reports
{August 5th, 2025} by Susan Rupe
The economic forecast is for continued growth in life/annuity and property/casualty insurance premium, two Conning analysts said during a recent webinar. Four factors are influencing the life/annuity market, said Scott Hawkins, Conning’s head of insurance research. They are economic growth, insurance regulation, growth of artificial intelligence and shifts in reinsurance. Read at INN
Life insurance and estate planning: Forge a powerful referral channel
{August 5th, 2025} by Ian McDowell
Let’s be honest, in our world of insurance and finance, we often operate in our lanes. However, something I’ve learned throughout my career is the immense power of connection, especially when it comes to the foundation of financial security. Life insurance and comprehensive estate planning are key. Read at INN
Agents vs. Algorithms? Why AI still needs human advisors in insurance
{August 5th, 2025} by Rayne Morgan
Artificial intelligence, or ‘AI,’ has become a leading buzzword in the insurance industry, but not all insurance companies are feeling the pressure or buying into the hype. According to Tanner Hackett, founder and CEO of Los Angeles-based MGU Counterpart, appetite for AI in insurance varies heavily, and actual adoption rates may lag behind reported interest. Read […]
Guaranty Income Life Named to Ward’s 50 Top-Performing Insurance Companies
{August 5th, 2025} by Kuvare
BATON ROUGE, La.–(BUSINESS WIRE)–Guaranty Income Life Insurance Company, a leading fixed and indexed annuity carrier, has been named to the prestigious Ward’s 50 list of top-performing life and health insurance companies for 2025. Ward benchmarks the financial performance of nearly 700 life and health insurers across the country, selecting the top 50 based on outstanding […]
Prudential Financial, Inc. Announces Second Quarter 2025 Results
{August 5th, 2025} by Prudential
NEWARK, N.J.–(BUSINESS WIRE)–Prudential Financial, Inc. (NYSE: PRU) today reported second quarter results. Net income attributable to Prudential Financial, Inc. was $533 million ($1.48 per Common share) for the second quarter of 2025, compared to net income of $1.198 billion ($3.28 per Common share) for the second quarter of 2024. After-tax adjusted operating income was $1.284 […]
Lincoln Financial Reports 2025 Second Quarter Results
{August 5th, 2025} by Lincoln Financial
RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial (NYSE: LNC) today reported financial results for the second quarter ended June 30, 2025. Strong performance in the quarter was driven by an increasingly diversified earnings mix and disciplined execution on strategic and financial objectives. Second quarter net income (loss) available to common stockholders was $688 million, or $3.80 per diluted […]
Equitable Holdings Closes Reinsurance Transaction with RGA
{August 5th, 2025} by Equitable
NEW YORK–(BUSINESS WIRE)–Equitable Holdings, Inc. (the “Company”) (NYSE: EQH), the leading financial services holding company of Equitable, AllianceBernstein and Equitable Advisors, announced today that certain of its insurance subsidiaries1 have successfully closed the transaction with RGA Reinsurance Company (“RGA”) to reinsure 75% of the Company’s in-force individual life insurance block on a pro-rata basis. The transaction […]
Corebridge Financial Announces Second Quarter 2025 Results
{August 5th, 2025} by Corebridge Financial
HOUSTON–(BUSINESS WIRE)–Corebridge Financial, Inc. (“Corebridge” or the “Company”) (NYSE: CRBG) today reported financial results for the second quarter ended June 30, 2025. Kevin Hogan, President and Chief Executive Officer, said, “Corebridge delivered another quarter with very strong financial results and remains focused on driving shareholder value, as demonstrated by our variable annuity reinsurance transaction that […]
Zinnia Announces Major Cloud Migration Milestone to Support Processing of Over 55% of Digital Annuity Sales in U.S.
{August 5th, 2025} by Zinnia
GREENWICH, Conn.–(BUSINESS WIRE)–Zinnia, a leading life and annuity (L&A) insurance technology company, today announced a significant technology milestone: the migration of Zinnia’s core order entry solution, AnnuityNet, to Amazon Web Services (AWS). Zinnia processes over 55% of annuities submitted by the bank and broker-dealer community in the U.S., now running on AWS infrastructure. This move marks […]
New York Life Group Benefit Solutions joins Employee Navigator’s Data Exchange
{August 5th, 2025} by New York Life
NEW YORK–(BUSINESS WIRE)–New York Life Group Benefit Solutions (NYL GBS) today announced its strategic partnership with Employee Navigator, a leading benefits administration platform. By integrating with Employee Navigator, NYL GBS takes a significant step in its commitment to delivering simpler, more connected benefits experiences for brokers, employers, and employees. This partnership helps simplify benefits administration […]
Insurers, CLOs, and High-Risk Borrowers: Oh My!
{August 5th, 2025} by Editorial Staff
By purchasing tranches of collateralized loan obligations (CLOs), insurers increasingly ‘provide the ultimate funding for bank loans,’ recent research says. ‘Understanding these transmission channels from non-bank investors to borrowers is crucial for assessing financial stability in modern credit markets.’ Read at RIJ
401(k) Annuities for ‘Pretty Good’ Lifetime Incomes
{August 5th, 2025} by Kerry Pechter
Recognizing the longevity gap that’s correlated with education, three retirement scholars recommend default income annuities starting at age 67 for participants with only high school diplomas and age 80 for those with college degrees. Such annuities aren’t yet permissible as default options in 401(k)s. Read at RIJ
Powell Should Resist Pressure to Lower Interest Rates
{August 5th, 2025} by Kerry Pechter
Today, interest rates in the U.S. are close to long-term averages. As a result, equity and fixed income investors are both rewarded. Lower rates aren’t needed now, and may trigger a need for higher rates in the future. Read at RIJ
A Fixed Index Annuity with a Dash of Risk
{August 5th, 2025} by Kerry Pechter
The Momentum Growth contract from Delaware Life introduces a bit of gambling to the FIA product category—but within guardrails, and only with what contract owners might call ‘house money.’ Read at RIJ
The Wealth Academy Partners with Integrity to Help Diverse Markets Gain Greater Financial Security
{August 5th, 2025} by Integrity Marketing Group, LLC
DALLAS, Aug. 5, 2025 /PRNewswire/ — Integrity, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has partnered with The Wealth Academy, an independent marketing organization based in Atlanta, Georgia, and led by Jasmine and Ellis Suazo. Financial details of the partnership were not disclosed. “It is […]
Human Connection Over Machines: Americans Trust Advisors More Than AI for Financial Advice, Finds Northwestern Mutual’s 2025 Planning & Progress Study
{August 5th, 2025} by Northwestern Mutual
MILWAUKEE, Aug. 5, 2025 /PRNewswire/ — By a wide margin, most Americans today continue to trust financial advisors with their money management over artificial intelligence (AI) tools alone. However, younger generations say they prefer working with advisors who understand how to use AI as a financial planning tool. These are the latest findings from Northwestern Mutual’s 2025 Planning & […]
Guardian and the New York Mets expand the Everyday Champions program
{August 5th, 2025} by The Guardian Life Insurance Company of America
NEW YORK, Aug. 4, 2025 /PRNewswire/ — The Guardian Life Insurance Company of America® (Guardian) announced today the expansion of its “Everyday Champions” initiative with the New York Mets. The Everyday Champions award celebrates those who go above and beyond to enhance the lives of their teammates and communities. Mets pitcher Sean Manaea will serve as Guardian’s official Everyday Champion […]
TruStage™ Featured on “Barron’s 100 Best Annuities” List for Seventh Year in a Row
{August 5th, 2025} by TruStage
MADISON, Wis., July 29, 2025 /PRNewswire/ — TruStage today announced that Barron’s has recognized their products in the “Top 100 Best Annuities” feature for 2025, for seven years running. Notably, Zone Income was recognized in both the Registered Index-Linked Annuity (RILA) Single Life and Joint Life Income categories, illustrating TruStage’s dedication to providing flexible retirement solutions. Barron’s Top 100 Best […]
Americans Spend Nearly 4 Hours a Day Thinking About Money: New Empower Research
{August 5th, 2025} by Empower
GREENWOOD VILLAGE, Colo., July 30, 2025 /PRNewswire/ — Americans spend nearly 4 hours a day thinking about their finances, according to new research from Empower, a financial services company. That’s the equivalent of a part-time job, and more time than most people spend preparing meals or exercising combined.1 Nearly half of Americans (45%) say thinking about money motivates them to […]
CNO Financial Group Reports Second Quarter 2025 Results
{August 5th, 2025} by CNO Financial Group, Inc.
CARMEL, Ind., July 28, 2025 /PRNewswire/ — CNO Financial Group, Inc. (NYSE: CNO) today reported net income of $91.8 million, or $0.91 per diluted share, in 2Q25 compared to $116.3 million or $1.06 per diluted share, in 2Q24. Non-economic accounting impacts due to market volatility increased net income in both 2Q25 and 2Q24. Net operating income,(1) which excludes these non-economic accounting impacts, was $87.5 million, or $0.87 per diluted […]
AM Best Places Credit Ratings of Puritan Life Insurance Company of America Under Review With Developing Implications
{August 5th, 2025} by AM Best
OLDWICK – AUGUST 01, 2025 01:03 PM (EDT) AM Best has placed under review with developing implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Puritan Life Insurance Company of America (Puritan) (Scottsdale, AZ). These Credit Ratings (ratings) are being placed under review with developing implications due to […]
1 in 5 Americans Open to Financial Advice from AI Bots: Finra
{August 5th, 2025} by Alex Padalka
Financial advisors who think artificial intelligence is not a threat may want to reassess what they have to offer, according to a new report. Twenty percent of Americans said they would be interested in getting their financial advice from AI, the Financial Industry Regulatory Authority said it found in its National Financial Capability Study, which polls more […]
Ameriprise CEO Sees Some Rivals Offering Advisors ‘Iffy’ Deals
{August 5th, 2025} by Allison Bell
Ameriprise Financial executives see some competitors offering advisors recruitment packages that might be too good to make sense. Executives at the Minneapolis-based life insurer, asset manager and wealth management firm suggested that experienced, service-oriented advisors will gravitate toward less showy, more stable firms. Read at ThinkAdvisor
States Could Keep Annuity Issuers From Posting Risk Scores
{August 5th, 2025} by Allison Bell
State insurance regulators are still thinking about keeping the public from seeing insurance companies’ risk-based capital ratios. The Capital Adequacy Task Force, an arm of the National Association of Insurance Commissioners, put an RBC ratio confidentiality proposal on the agenda for an in-person task force session set to take place Aug. 12, at the NAIC’s upcoming […]
Annuity Issuers Still Neglect Middle-Income Savers, CNO Chief Says
{August 5th, 2025} by Allison Bell
Competition in the U.S. individual annuity market for ordinary retirement savers is still not that fierce. Gary Bhojwani, the chief executive officer of CEO Financial, gave that assessment Tuesday in a conference call with securities analysts. CNO held the call to go over earnings for the second quarter, which ended June 30. Read at ThinkAdvisor
Lincoln Reports 32% Q2 RILA Sales Growth
{August 5th, 2025} by Allison Bell
Lincoln Financial increased sales of registered index-linked annuities by 32% between the second quarter of 2024 and the latest quarter, to $1.5 billion, as overall U.S. sales of the hot product increased about 20%. Ellen Cooper, CEO of the life and annuity issuer, told securities analysts today that Lincoln gained share in the RILA market […]
Prudential CEO Weighs In on Its RILA Sales Slump
{August 5th, 2025} by Allison Bell
The U.S. market for registered index-linked annuities is a tough place to operate these days, but there are still plenty of U.S. retirement savers with cash that could flow into annuities or other individual retirement savings and investment vehicles. Andrew Sullivan, the chief executive officer of Prudential Financial, gave that assessment Thursday during a conference […]
SEC to court: Fine Jeffrey Cutter up to $700K, force disclosure of verdict
{August 5th, 2025} by John Hilton
The Securities and Exchange Commission is recommending a fine of $300,000 to $700,000 for advisor-agent Jeffrey Cutter and Cutter Financial Group. Additionally, the SEC asked the court to bar Cutter and CFG from receiving any client compensation for five years unless clients are shown a copy of the civil judgment. The SEC filed the “motion […]
Rollovers May Reach $1.1 Trillion by 2030: LIMRA
{August 5th, 2025} by Edward Rueda
By 2030, U.S. retail retirement plan rollovers are expected to reach $1.15 trillion, according to a preview of an upcoming report by the insurance trade association LIMRA. That would represent a 34% increase from the estimated $855 billion in retail rollovers expected in 2025 and nearly double the $612 billion in retail rollovers in 2020. Read […]
Annuity Sales Keep Rising, in Spite of the Drama
{August 5th, 2025} by Allison Bell
Retirement savers started the second quarter worrying about proposed import taxes and ended the quarter hoping the S&P 500 index would stay this beautiful forever. Cold fear pressed against hot optimism for three months and produced a 5% increase in U.S. individual annuity sales, according to new issuer survey results from LIMRA. Read at ThinkAdvisor
Americans See Their 401(k)s Not Just as Nest Eggs but as Rainy Day Funds
{August 5th, 2025} by Ann Tergesen
Americans are putting more money than ever into 401(k)s. They are also pulling more out. Last year, a record 4.8% of workers in 401(k) plans took a hardship distribution for financial emergencies, up from a prepandemic average of about 2%, according to Vanguard Group. And nearly one-third of people who leave jobs annually liquidate their 401(k)s, […]
Gen Z is grappling with a financial balancing act, new report reveals
{August 5th, 2025} by Steve Randall
For a generation often cast as screen-addicted and fiscally frivolous, Gen Z is showing surprising discipline with money. Read at InvestmentNews
IRI URGES LABOR DEPARTMENT TO KEEP SAFE HARBOR RULE
{August 5th, 2025} by Insured Retirement Institute
WASHINGTON, D.C. – A U.S. Department of Labor (DOL) proposal to withdraw a long-standing safe harbor regulation could disrupt the inclusion of annuities into workplace retirement plans, according to the Insured Retirement Institute (IRI). DOL proposed to eliminate various rules that they cited as redundant and no longer necessary. However, in comments filed today, IRI said that the […]
Insured Retirement Institute urges Labor Department to retain annuity safe harbor
{August 5th, 2025} by Leo Almazora
A Department of Labor proposal to scrap a regulatory provision under ERISA could create uncertainty for fiduciaries, the trade association argues. Read at InvestmentNews
Japan Post Insurance Invests $2 Billion in Global Atlantic Vehicl
{August 5th, 2025} by Japan Post Insurance
TOKYO & NEW YORK–(BUSINESS WIRE)–Japan Post Insurance Co., Ltd. (“Japan Post Insurance”), KKR & Co. Inc. (together with its subsidiaries, “KKR”), and Global Atlantic, a leading provider of retirement security and investment solutions, and a wholly-owned subsidiary of KKR, today announced the signing of definitive agreements under which Japan Post Insurance will invest $2 billion […]
Maybe you do too
{August 4th, 2025} by Sheryl J. Moore
I needed to hear this today. Maybe you do too. Thanks to my friend Paul Feldman at InsuranceNewsNet for the inspo!
