We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!


media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us


Close [x]

Industry News


  • Industry Articles (21,540)
  • Industry Conferences (2)
  • Industry Job Openings (35)
  • Moore on the Market (441)
  • Negative Media (144)
  • Positive Media (73)
  • Sheryl's Articles (810)
  • Wink's Articles (360)
  • Wink's Inside Story (277)
  • Wink's Press Releases (125)
  • Blog Archives

  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • September 2008
  • May 2008
  • February 2008
  • August 2006
  • Double Trouble in the Bermuda Triangle

    {June 6th, 2024} by Kerry Pechter

    What can go wrong with the Bermuda Triangle strategy, with its closely affiliated annuity issuers, reinsurers and asset managers? PHL Variable Insurance, a former unit of Nassau Financial, is now in “rehabilitation.” A-CAP and 777 Partners discovered that it’s dangerous to mess with European football fans. Click HERE to read the full story via RIJ

    Younger Americans are More Optimistic than Older Americans About the Potential of AI to Help Manage Money, According to Northwestern Mutual’s 2024 Planning & Progress Study

    {June 6th, 2024} by Northwestern Mutual

    Meanwhile, Gen X and Boomers+ are skeptical about “DIY GenAI” for financial planning Americans are most excited about AI’s advanced data analysis to potentially help financial advisors improve planning recommendations MILWAUKEE, June 4, 2024 /PRNewswire/ — As artificial intelligence (AI) continues to evolve and fuel debate about its transformative power on business and society, younger Americans are far […]

    Simplicity Acquires Plum Life and Launches LifeLink™, a Digital Life Insurance Platform that Automates the Delivery of Much-Needed Protection

    {June 6th, 2024} by Simplicity Group

    SUMMIT, N.J., June 4, 2024 /PRNewswire/ — Simplicity Group Holdings, Inc. (“Simplicity”), a leading financial products distribution firm, today announced the launch of Simplicity LifeLink™ a life insurance sales platform that transforms and expedites the way insurance is purchased. Simplicity is launching LifeLink™ after its successful acquisition of Plum Life Inc. and is pleased to announce that Plum […]

    Nassau Financial Group and Golub Capital Announce Strategic Partnership

    {June 6th, 2024} by Nassau Financial Group

    HARTFORD, Conn. & NEW YORK–(BUSINESS WIRE)–Nassau Financial Group (“Nassau”), a leading provider of fixed annuities and asset management, and Golub Capital, a market-leading direct lender and experienced credit asset manager, today announced they have signed a definitive agreement to enter into a strategic partnership. As part of this strategic partnership, Nassau will receive a $200 […]

    Best’s Special Report: US Individual Annuity Writers Saw Highest Premium Growth in Decade in 2023

    {June 6th, 2024} by AM B

    OLDWICK, N.J.–(BUSINESS WIRE)–Individual annuity premium grew by 22% in 2023 and reached $348 billion, representing the highest growth seen in a decade for U.S. providers, according to a new AM Best report. The Best’s Special Report, “Annuity Premiums Soar, Surrender Protection Strengthens,” states that annuity products have been attractive for consumers in the last few years, propelled by […]

    GLWB Now, Or Accumulate Then Choose A GLWB Or SPIA?

    {June 6th, 2024} by Broker World

    A question that I have from my agents occasionally is this, “Does my client do an income rider now, or do they buy an accumulation product now and then purchase an income product once they hit retirement?” Let’s use an example to clarify this question. You have “Bill,” a 55-year-old that wants to retire in 10 […]

    Annuities’ Non-U.S. Reinsurers May Face New Tests

    {June 6th, 2024} by Allison Bell

    Reinsurers based outside the United States could face new financial tests when they assume responsibility for U.S. life insurance policies and annuity contracts. A panel at the National Association of Insurance Commissioners is considering proposals for testing the offshore reinsurers’ cash flow, to increase the odds that the reinsurers will have the financial strength to […]

    Despite high expectations, direct-to-consumer life insurance market struggles

    {June 6th, 2024} by John Manganaro

    A decade ago, direct-to-consumer platforms were the next big thing in life insurance. With sound reasoning. Study after study continues to show that Americans like self-directed shopping experiences made easy. Start-ups with breezy names such as Ethos and Lemonade and Ladder found seed money with ease and promised to make life insurance “affordable, accessible, and […]

    Annuities selling strong, but for how long?

    {June 6th, 2024} by John Hilton

    On the surface, everything is A-OK in the life of an annuity producer. Huge numbers of Americans are at or nearing retirement age, annuities are selling like umbrellas at the beach and retirement plan rules are evolving to boost those sales even higher. But dark clouds are not just lurking — they sit directly overhead […]

    Majority of Middle-Class Americans Say They Struggle Financially

    {June 5th, 2024} by Alexandre Tanzi

    Almost two-thirds of Americans considered middle class said they are facing economic hardship and don’t anticipate a change for the rest of their lives, according to a poll commissioned by the National True Cost of Living Coalition. By many traditional measures, the US economy is strong, with robust labor, housing and stock markets, as well as solid […]

    Annuity Issuer Unit Sues Majesco Over Agent Relations Software

    {June 5th, 2024} by Allison Bell

    An F&G Annuities & Life subsidiary is suing an insurance industry software developer over a system replacement project. Fidelity & Guaranty Life Business Services said in a complaint filed May 30 in the U.S. District Court for the District of New Jersey that it hired Majesco to help it move to a new distribution management system. Click […]

    Update: Connecticut Commissioner Orders PHL Variable Insurance Into Rehabilitation

    {June 5th, 2024} by AM Best

    The Connecticut Insurance Department said the companies [of PHL Variable] are in a “hazardous financial condition.” In aggregate, their capital and surplus is approximately negative $900 million and assets are projected to be exhausted in 2030 with about $1.46 billion of policyholder liabilities projected to remain unpaid, the CID said in a court filing seeking […]

    Greg Lindberg asks court to set aside bribery conviction, or grant new trial

    {June 5th, 2024} by John Hilton

    Embattled financier Greg Lindberg today filed a motion for acquittal, or a new trial, two weeks after a second jury convicted him of bribing the North Carolina insurance commissioner. The 55-page motion argues that the evidence is “insufficient” for a conviction on the two charges: bribery and conspiracy to commit honest services wire fraud, according to court […]

    Q1 life premium down; Northwestern Mutual tops first LIMRA sales list

    {June 5th, 2024} by John Hilton

    Northwestern Mutual is the king of life insurance premium, according to the first sales rankings compiled by LIMRA. The mutual insurer recorded nearly $267 million in new annualized life premium during the first quarter. Trailing were Pacific Life, Prudential Financial and State Farm, all with $184 to $186 million in life premium. Althought Northwestern Mutual […]

    Celebrating Annuity Awareness Month With a Look at RILA

    {June 4th, 2024} by Myles J. Lambert

    The arrival of June means that it’s time, once again, to celebrate Annuity Awareness Month. With retirement security being top of mind for many people these days, this month provides an important opportunity to drive even greater awareness of the key role that annuities can play in helping clients protect and grow their retirement savings. […]

    Climbing mountains starts with one step

    {June 4th, 2024} by Maggie Seidel

    Finseca stands as a beacon of unity in the financial security profession, dedicated to championing the cause that inspired our name: Financial Security for All. Since our inception in 2020, Finseca has orchestrated the consolidation of four industry organizations. Among them are GAMA, which represents career agency leadership, and AALU, formerly known as the advocacy organization for advisors. […]

    10 Best Life Insurance Companies of June 2024

    {June 4th, 2024} by Amy Danise, Tony Steuer

    We thoroughly analyzed the term life and cash value policies of 16 companies and found that Pacific Life and Protective are among the best life insurance companies, earning five stars in our analysis. We used a database of more than 9,000 policies and scored key metrics including cost, historical performance, financial strength and cash value.   Click […]

    Variable annuity owner wonders whether annuity benefits will be there

    {June 4th, 2024} by John Hilton

    Peter Gould and his wife are counting on the guaranteed lifetime withdrawal benefits from their variable annuity to provide “predictable and secure retirement income.” Like many consumers who own these products, the Bloomington, Ind., couple had little idea that some insurance companies are taking increased investment risks with policyholder funds. Some insurers are already in […]

    Asset Marketing Systems Partners with eSignature Group LLC to Offer Medallion Signature Guarantees to Investors

    {June 2nd, 2024} by eSignature Group LLC

    NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) — via IBN – Asset Marketing Systems Insurance Services, LLC (Asset), a premier distributor of insurance products specializing in Fixed Index Annuities, Fixed Annuities, Life, and Asset-Based Insurance, is thrilled to announce a strategic partnership with eSignature Group LLC. This collaboration presents a significant advancement from a compliance, […]

    Reprint: Structured Annuities Seize the Spotlight #AnnuityAwarenessMonth

    {June 1st, 2024} by Sheryl J. Moore

    About fourteen years ago, the first structured annuity hit the streets. It was the first time in 15 years that deferred annuities had to welcome a new product class. And if you are still unfamiliar with these products, it’s time to get an education. These annuities are now the fastest-growing segment of the life insurance […]

    Reprint: Annuity Quick Reference Guide #AnnuityAwarenessMonth

    {June 1st, 2024} by Sheryl J. Moore

    Many have never heard of annuities. Perhaps the easiest way to grasp the concept of annuities is to first discuss life insurance products. Life insurance is a contract that pays a benefit in the event you die unexpectedly. In turn, annuities are a contract that pay a benefit in the event you live too long. […]

    I GIVE A DAMN ABOUT ANNUITIES – YOU SHOULD TOO! Reprint #AnnuityAwarenessMonth

    {June 1st, 2024} by Sheryl J. Moore

    I GIVE A DAMN ABOUT ANNUITIES – YOU SHOULD TOO May 19, 2015 by Sheryl J. Moore WHY PEOPLE NEED ANNUITIES I recall well my entrance into the life insurance market. Nearly 20 years ago, I was a single mother with three babies in diapers; wondering what career I could hold in Des Moines, Iowa […]

    It was the scariest thing that I had ever done.

    {May 30th, 2024} by Sheryl J. Moore

    Nineteen years ago, I incorporated Wink, Inc. Starting this business was, at the time, the scariest thing I had ever done. What if I failed? According to the U.S. Bureau of Labor Statistics: – First year: 18–20% of businesses fail – Five years: 45–50% of businesses fail – Ten years: 65% of businesses fail – Fifteen years or […]

    Special Edition! A note from Wink.

    {May 30th, 2024} by Wink's Intel Pros

    We were delaying the newsletter this week to coincide with the publishing of Wink’s Sales & Market Report’s annuity report, however, the report has been delayed a bit further than expected.  It will be published early next week.  What this week did bring was a special anniversary; 19 years ago on May 27th, Sheryl Moore […]

    Delaware Life Announces Enhancements to Fixed Index Annuities, Bringing Innovation and Diversification Including the Invesco QQQ ETF

    {May 30th, 2024} by Delaware Life Insurance Company

    ZIONSVILLE, Ind.–(BUSINESS WIRE)–To give consumers a simple, tailored way to diversify returns and guarantee higher minimum growth, Delaware Life Insurance Company (Delaware Life), a Group 1001 company, announces the addition of two diversified, multi-strategy Precision Portfolios as part of the Growth Pathway fixed index annuity (FIA). As an additional enhancement, Growth Pathway is now the […]

    Not your Grandma’s Annuities

    {May 30th, 2024} by Sheryl J. Moore

    I did a podcast for C2P Enterprises with Kirsten Schlumbohm, BPC for her “A Woman’s Clarity” program.   This videos kicks off Annuity Awareness Month, shares how women humanize the life insurance industry, and reveals how annuities have transformed from your grandma’s restrictive contract, into a flexible, consumer-friendly vehicle for retirement income planning. Be sure […]

    Insurance Associations File Legal Action Challenging U.S. Department of Labor’s Fiduciary-Only Regulation

    {May 30th, 2024} by ACLI, NAIFA, Finseca, IIR ,NAFA

    WASHINGTON – Nine insurance trade associations filed a lawsuit today against the U.S. Department of Labor (DOL) to overturn a regulation limiting consumers’ choice of financial professional and their access to retirement products that deliver protected lifetime income. The American Council of Life Insurers (ACLI), National Association of Insurance and Financial Advisors (NAIFA), NAIFA-Texas, NAIFA-Dallas, […]

    Focus on outcomes, not mythical legal jargon, says Finseca CEO

    {May 30th, 2024} by James Burton

    Marc Cadin responds to a recent InvestmentNews editorial and explains why he believes the DOL process and pro-fiduciary rule argument are both flawed. If the final version of the Retirement Security Rule stoked the fire within Marc Cadin, the CEO of Finseca, the subsequent InvestmentNews editorial fanned the flames. Click HERE to read the full story via InvestmentNews […]

    5 Reasons RILAs Are So Hot

    {May 30th, 2024} by Allison Bell

    Robin Raju, the chief financial officer at Equitable, wants to talk about the company’s efforts to add lifetime income options to the nation’s 401(k) plans. He wants to talk about the value the company gets from its AllianceBernstein asset management arm. Click HERE to read the full story via Think Advisor

    Wade Pfau Makes Case for RILAs as Income Protectors

    {May 30th, 2024} by Allison Bell

    A medium-soft annuity cushion might create the best stream of retirement income. Wade Pfau, an economist who once served as director of the Retirement Income Certified Professional designation program, makes that case in a new analysis prepared with support from Equitable. Pfau looked at the performance of hypothetical portfolios for a hypothetical 65-year-old who was […]

    Nationwide launches updated RILA

    {May 30th, 2024} by Nationwide

    Columbus, OH – May 23, 2024 – Amid concerns about the U.S. economy and inflation, investors have turned to annuities for protection against market downturns, with many leaning in to registered indexed-linked annuities for both growth and limited risk exposure. To better meet the needs of these investors, Nationwide has announced the launch of Nationwide Defined […]

    In-plan annuities gaining steam: Where do we go from here?

    {May 30th, 2024} by Susan Rupe

    Annuities are becoming more available in the contribution space in association with 401(k) plans. What is the future of in-plan annuities, and have they reached a tipping point? Bryan Hodgens, head of distribution research and annuity research with LIMRA, provided some insights on where in-plan annuities are going during a recent LIMRA online event. With […]

    9 trade groups file a second lawsuit to stop the DOL fiduciary rule

    {May 30th, 2024} by John Hilton

    Nine insurance trade associations filed a second lawsuit Friday against the Department of Labor to overturn its controversial Retirement Security Rule. The rule would rope most annuity transactions into a fiduciary duty, increasing liability exposure. The RSR takes partial effect Sept. 23 and requires “major changes” by producers, one analyst says. Click HERE to read the full […]

    John Hancock and MIT AgeLab team up to study, improve longevity

    {May 30th, 2024} by Doug Bailey

    In a continuing effort to understand how the world’s increasingly aging population can live better and healthier lives – and how it can possibly profit from the knowledge – John Hancock has entered into a five-year, multimillion dollar collaboration with the Massachusetts Institute of Technology’s AgeLab, which researches longevity issues. Click HERE to read the full […]

    AmeriLife adds a pair of new acquisitions as strong growth continues

    {May 30th, 2024} by John Hilton

    AmeriLife Group announced two recent deals that continue the company’s steady growth as a holistic retirement services juggernaut. Based in Clearwater, Fla., AmeriLife is among the independent marketing organization giants, with health, wealth and worksite benefit offerings, and everything in between. AmeriLife continues acquiring “partners,” adding 73 companies across its health and wealth distribution roster […]

    Judge with a history of striking down federal rules will hear DOL lawsuit

    {May 30th, 2024} by John Hilton

    A lawsuit filed by nine industry trade associations against the latest Department of Labor fiduciary rule will be heard by a Texas judge with a reputation for vacating federal rules. Several powerful trade groups – including the American Council of Life Insurers and the National Association of Insurance and Financial Advisors – filed the lawsuit […]

    Hexure Expands Its Quoting to Include Annuities

    {May 30th, 2024} by Hexure

    COLORADO SPRINGS, Colo.–(BUSINESS WIRE)–Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced the addition of annuity products to its quoting solution. Annuity quoting with side-by-side comparisons within Hexure’s platform makes finding the right product easier and faster, improving advisor productivity and client satisfaction. “We are excited to expand our quoting […]

    How can this product not exist? Does it, and I’m missing it?

    {May 30th, 2024} by Sheryl J. Moore

    I am always trying to learn more about the Registered Investment Advisor (RIA) distribution. It has become a keen interest of mine, since it became a distribution channel for annuities. I have found that one of the best ways of learning about this new distribution is having conversations with investment advisors. Today, I had an […]

    Annuity Advisor Settles With SEC Over Product Recommendations

    {May 30th, 2024} by Allison Bell

    The U.S. Securities and Exchange Commission told an investment advisor that he should have considered fee-based variable annuities along with commission-based variable annuities when making product recommendations. The SEC said Monday that it has accepted a $1.1 million settlement offer from the advisor, Raymond Lawrence Lent, in connection with concerns about Lent’s compensation disclosures for variable […]

    Ranked: The World’s 50 Largest Private Equity Firms

    {May 30th, 2024} by Niccolo Conte

    In 2023, private equity firms controlled $8.2 trillion in assets globally according to McKinsey & Company, a figure that has rapidly expanded since the industry first emerged 40 years ago. As large investors such as pension funds and insurance companies increasingly look to private markets, these alternative asset managers have seen their assets grow by more than twofold […]

    How to address your client’s annuity concerns

    {May 30th, 2024} by Ayo Mseka

    Although annuities are currently experiencing record sales and can play a major role in helping consumers secure their financial future, financial professionals may still face objections when trying to sell them to clients and prospects. Some say they are difficult to understand, carry high fees, and are subject to market volatility. We spoke to several MDRT members […]

    When Insurers Fail

    {May 30th, 2024} by Mary Walsh

    The troubles are deepening fast for the unhappy insurance family of 777 Re, Sentinel Security Life, Atlantic Coast Life, A-Cap, and all their corporate kith and kin. The outlook for their unwitting policyholders is dim. The companies and their principals have been named in some 20 lawsuits, in multiple jurisdictions, by creditors chasing hundreds of […]

    Connecticut Puts Phoenix Life and Annuity Issuer in Rehab

    {May 30th, 2024} by Allison Bell

    Connecticut Insurance Commissioner Andrew Mais has received approval from a state court in Hartford to put PHL Variable Insurance Co. — the insurer that once wrote the Phoenix Companies’ variable insurance policies and variable annuity contracts — in rehabilitation. The rehabilitation order, which also includes two reinsurers controlled by PHL, limits benefits payments and cash withdrawals, and […]

    We are NOT that firm.

    {May 30th, 2024} by Sheryl Moore

    Wink, Inc. is a third-party market research firm. I own 100% of the company. My nearest competitor is owned by the insurance companies that report sales to them. I remember a time when that company was reporting structured annuity/RILA sales with their indexed annuity breakouts. Sometimes insurance companies want me to report their sales differently […]

    Three Reasons Fixed Index Annuities Are Better Than Bonds In Your Retirement Portfolio

    {May 30th, 2024} by Aaron Cirksena

    When financial advisors seek ways to manage risk in retirement investing, they typically look to bonds, which are traditionally seen as the optimal asset for offsetting the volatility in stock markets. By orchestrating a healthy mix of stocks and bonds in retirement accounts, advisors create a higher level of stability. Click HERE to read the […]

    Why Are You Still Selling Life Insurance With Lifetime Guarantees?

    {May 30th, 2024} by J. J. Bowman

    Permanent life insurance comes in many forms. Too often, however, clients are presented as if only two types exist: “guaranteed” and “non-guaranteed.” Whether intentional or not, framing the choice this way creates a false dichotomy and too often leads clients toward solutions that don’t best meet their needs. In my experience, the most successful producers […]

    Many Americans hope to live to 100, but are their retirement plans up to the challenge?

    {May 30th, 2024} by Ayo Mseka

    More than half (54%) of Americans say it’s their goal to live to 100, according to a new study from Corebridge Financial and The Longevity Project. Family, friends, and new experiences are seen as the top benefits of living a very long life, with 72% of respondents citing continued meaningful with family and friends and 65% looking […]

    Annuity Issuers Armor Up Against Private Equity Players

    {May 30th, 2024} by Allison Bell

    Private equity firms’ pressure on the U.S. individual annuity market will keep the supply of registered index-linked annuities growing, according to Swiss Re Institute analysts. The traditional annuity issuers have been armoring up with captive insurers and sidecars to push back against the private equity-backed newcomers. Click HERE to read the full story via Think […]

    Life insurance set to boom as interest rates surge, says Swiss Re Institute

    {May 30th, 2024} by Swiss Re

    Zurich, 27 May 2024 – Higher interest rates around the world are transforming the outlook for life insurance growth and profitability. Savings products are attractive to consumers after a decade of weak demand and low returns. Swiss Re Institute expects a new high for US fixed annuity sales this year after record sales in both […]

    Stock Gains Pushed Index-Linked Annuity and Life Sales Higher in Q1

    {May 30th, 2024} by Allison Bell

    Strong stock market gains and stable interest rates helped increase sales of index-linked annuities and index-linked life insurance policies in the first quarter, according to new issuer survey data from LIMRA. U.S. sales of individual registered index-linked annuities, or RILA contracts, which are regulated as variable annuities, increased 39% between the first quarter of 2023 and […]

    3 Big Gaps in the DOL’s Case for Its New Fiduciary Regs

    {May 30th, 2024} by Allison Bell

    Officials at the U.S. Labor Department don’t seem to want to use their new retirement investment advice fiduciary definition to destroy the lives of commissioned agents who sell annuities and life insurance. They say, over and over again, in the introduction to the Retirement Security Rule and in a separate, related set of guidelines for insurance agents, […]

    Swiss Re reveals impact of higher rates

    {May 30th, 2024} by Kenneth Araullo

    With higher interest rates reshaping the landscape for life insurance growth and profitability, savings products are becoming more attractive to consumers after a decade of low demand and returns. In a new study, Swiss Re Institute projects a new high for US fixed annuity sales this year, following record sales in 2022 and 2023. Click HERE to read […]

    Annuity FA Settles with SEC for $1.1M over Product Recommendations

    {May 30th, 2024} by Alex Padalka

    The Securities and Exchange Commission has reached a more than $1 million settlement with an experienced financial advisor over his choice of annuities and money market funds for his clients. The commission claims that from at least April 2016 through Oct. 1, 2021, Raymond Lent — a registered broker since 1976 who was doing business as The Putney Financial […]

    Liver, yes. Corneas, no. FDA urged to relax tissue donation ban for gay and bisexual men

    {May 30th, 2024} by Rae Ellen Bichell

    And they are frustrated. The FDA has put changes to the tissue guidance on its agenda since 2022 but has yet to act on them. One of the loudest voices is Sheryl J. Moore, who took up the cause when her 16-year-old son died in 2013. She and a Colorado doctor named Michael Puente Jr. started a campaign […]

    CANNEX Annuity Marketplace Launched to Broaden Industry Access to Annuity Evaluation and Selection Tools

    {May 30th, 2024} by CANNEX

    CHARLOTTE, N.C., May 22, 2024 /PRNewswire/ — CANNEX has partnered with Luma Financial Technologies to launch the CANNEX Annuity Marketplace, making it easier for financial professionals at small and mid-sized firms to select annuities and make decisions on asset allocations, terms, and riders. he new marketplace provides the ability to analyze the performance of hundreds of fixed, […]

    PHL Variable Insurance Company Rehabilitation

    {May 30th, 2024} by CT Insurance Department

    PHL Variable Insurance Company and its subsidiaries, Concord Re, Inc. and Palisado Re, Inc. (collectively, “PHL”) entered rehabilitation proceedings in the Connecticut Superior Court on May 20, 2024. The proceedings were initiated by the Connecticut Insurance Department in response to PHL’s hazardous financial condition. Click HERE to read the full story via: CT.Gov   Wink’s […]

    The books are here!

    {May 30th, 2024} by Sheryl J. Moore

    It’s an easy read and I think you will enjoy it! I appreciate your support.    To purchase the book,  please call our office at 855-ASK-WINK xt 203  to speak with Cathy. or Amazon https://www.amazon.com/dp/B0D4MMMPTJ/?ref_=cm_wl_huc_item  -sjm  

    DOL pulling a ‘deceptive’ maneuver with new fiduciary rule, analyst says

    {May 21st, 2024} by John Hilton

    The Department of Labor wrote its new Retirement Security Rule with a big focus on convincing a court that it has the authority to extend fiduciary duty to individual retirement plans. But one prominent analyst said they have done so in a “deceptive” manner. Brad Campbell, partner at Faegre Drinker, is no fan of the […]

    DOL fiduciary rule in crosshairs of House, Senate resolutions

    {May 21st, 2024} by Courtney Degen

    A group of mostly GOP lawmakers in the House and Senate May 15 introduced resolutions to overturn the Labor Department’s new rule amending the definition of a fiduciary. The rule, finalized April 23, changed the test used to determine when someone is an investment advice fiduciary under ERISA. The changes make it so one-time advice, such as […]

    Insurance Associations Applaud Congressional Action On Fiduciary Regulation

    {May 21st, 2024} by ACLI

    WASHINGTON – The American Council of Life Insurers (ACLI), National Association of Insurance and Financial Advisors (NAIFA), Finseca, Insured Retirement Institute (IRI) and National Association for Fixed Annuities (NAFA) issued the following statement on the Congressional Review Act (CRA) resolution to prevent the Labor Department’s fiduciary regulation from taking effect: “The actions today by Rep. […]

    7 Top Q1 Annuity Earnings Surprises

    {May 21st, 2024} by Allison Bell

    Big annuity issuers continued to be remarkably happy with their annuity businesses in the first quarter. Some may have had a harder time competing for sales or holding on to assets than others, but executives generally expressed joy about the current high level of consumer excitement about annuities. Click HERE to view the slideshow

    Transamerica Announces New Collaboration With First Trust

    {May 21st, 2024} by Transamerica

    BALTIMORE, May 20, 2024 /PRNewswire/ — Today Transamerica announced a new collaboration with FT Indexing Solutions LLC (“First Trust”) that adds the First Trust Equity Edge Index™ to the popular and innovative Transamerica Structured Index Advantage® Annuity. The new equity index option, Equity First Trust Edge (Nasdaq: FTEQUEDGE), is exclusively available through Transamerica’s registered index-linked annuity. The index provides additional exposure […]

    Best’s Special Report: US Life/Annuity Investment Portfolio Yields Rebound in 2023

    {May 21st, 2024} by AM Best

    OLDWICK, N.J.–(BUSINESS WIRE)–Rising interest rates in 2023 helped boost the portfolio yields of U.S. life/annuity insurers by nearly 30 basis points, to 4.74% from 4.47% in the previous year, according to a new AM Best report. he Best’s Special Report, “US Life/Annuity Investment Portfolio Yields Rebound in 2023,” states that the improvement in total portfolio yield occurred as […]

    AM Best Comments on Credit Ratings of Members of Corebridge Financial Following Announced Agreement

    {May 21st, 2024} by AM Best

    OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has commented that the Credit Ratings (ratings) of the members of Corebridge Financial (Corebridge) remain unchanged following the recently announced definitive agreement whereby American International Group, Inc. (AIG) will sell a 20% share in Corebridge to Nippon Life Insurance Company for approximately USD $3.8 billion in a straight cash transaction. AIG has […]

    Lincoln Financial Group Strengthens Its Award-Winning Registered Index Linked Annuity, Launches Lincoln Level Advantage 2SM

    {May 21st, 2024} by Lincoln Financial Group

    RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) today announced a new version of its award-winning Lincoln Level Advantage® indexed variable annuity with the launch of Lincoln Level Advantage 2SM index-linked annuity. Building on the innovations of the first generation, Lincoln Level Advantage 2 offers investors even more opportunities for protection and growth with the industry’s first indexed accounts that track the performance […]

    Lincoln Financial Group Appoints Brian Kroll as EVP, Head of Retail Life and Annuity Solutions

    {May 21st, 2024} by Lincoln Financial Group

    RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) today announced that Brian Kroll will be appointed Executive Vice President, Head of Retail Life and Annuity Solutions, effective May 16, 2024. Kroll will report to Chairman, President and CEO Ellen Cooper and will be a member of the company’s Senior Management Committee. He will be responsible for […]

    AM Best Affirms Credit Ratings of Ameritas Life Insurance Corp. and Its Subsidiary

    {May 21st, 2024} by AM Best

    OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Ameritas Life Insurance Corp. (Lincoln, NE) and Ameritas Life Insurance Corp. of New York (New York, NY). These insurance entities comprise the life/health operations of Ameritas Mutual Holding Company (all companies are collectively […]

    Jackson Study Reveals Consumers Anxious About Inflation; Financial Professionals Recommend Diversifying

    {May 21st, 2024} by Jackson National Life Insurance Company

    LANSING, Mich.–(BUSINESS WIRE)–Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc.1 (NYSE: JXN), today released key findings from its study on how consumers and financial professionals perceive inflation risk and the associated impacts on retirement income planning. The study is the second installment of Jackson’s Security in Retirement Series conducted in partnership with the Center for Retirement […]

    Pacific Life Named by Points of Light as One of America’s 50 Most Community-Minded Companies for Third Consecutive Year

    {May 21st, 2024} by Pacific Life

    NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Pacific Life has been named a national 2024 Civic 50 honoree by Points of Light, acknowledging it as one of the 50 most community-minded companies in the United States. The Civic 50 sets the standard for corporate citizenship and showcases how leading companies are moving social impact and community to the core […]

    Midland National Offers No. 1 Fixed Index Annuity for RIAs in 2023

    {May 21st, 2024} by Midland National Life Insurance Company

    WEST DES MOINES, Iowa–(BUSINESS WIRE)–Capital Income®, Midland National’s first commission-free fixed index annuity (FIA), was named top fee-based fixed index annuity in 2023, according to LIMRA1. In 2021, Midland National Life Insurance Company, a Sammons Financial Group member company, introduced a dedicated team, Midland Advisory, which is focused on designing annuity solutions tailored for registered investment advisors (RIAs) to offer their […]

    Louisiana adopts annuity best-interest standard

    {May 21st, 2024} by Leo Alamazora

    Associations for life insurers and financial advisors laud the move, renews call for “sensible protections” around guaranteed lifetime income products. The cross-country movement of states embracing the best interest annuity rule for consumers has just gained more ground in the South. Click HERE to read the full story via InvestmentNews

    Lawmakers Move to Torpedo New DOL Fiduciary Rule

    {May 21st, 2024} by Melanie Waddell

    Four senators — three Republicans and one Democrat — introduced Wednesday a resolution of disapproval under the Congressional Review Act to overturn the Labor Department’s new fiduciary rule. The senators — Ted Budd, R-N.C.; Bill Cassidy, R-La.; Joe Manchin, D-W.V., and Roger Marshall, R-Kansas — said in a joint statement Wednesday that the new rule, which Labor released on April 23, “would endanger […]

    Why Aren’t More RIAs Offering Annuities? Flourish President Blames Weak Tech

    {May 21st, 2024} by Allison Bell

    Ben Cruikshank maintains that the gap between the annuity tech tools RIAs have in theory and the tools they really have is wide. Cruikshank is the president of Flourish, a financial technology firm that’s owned by MassMutual and launched an annuity distribution arm in January. Click HERE to read the full story via ThinkAdvisor Wink’s Moore on […]

    Nasdaq composite today: The index closed up 10.20% YTD

    {May 21st, 2024} by Wayne Duggan and Farran Powell

    The Nasdaq composite closed today [May 14] at 16,508.53. Compared to yesterday’s close, the benchmark index rose by 120.29 points, or 0.73%. Year to date, the benchmark index is up by 10.20%. Click HERE to read the story via USA Today Wink’s Moore on the Market: Only 0.2% of indexed annuity sales are based upon […]

    John Currier named president of F&G Annuities and Life

    {May 21st, 2024} by F&G Annuities & Life, Inc.

    DES MOINES, May 13, 2024 – F&G Annuities & Life announced the appointment of John Currier to the position of President, continuing to report to Chris Blunt, Chief Executive Officer. In addition to his role as President of F&G, Mr. Currier will continue to have responsibility for the Retail Markets business unit. Chris Blunt, Chief […]

    John Hancock inks longevity research partnership with MIT

    {May 21st, 2024} by Leo Alamazora

    John Hancock is taking a frontline position in addressing the retirement readiness crisis by entering into a groundbreaking research partnership. Click HERE to read the full story via InvestmentNews   Wink’s Moore on the Market: “The fastest-growing age cohort in the world is people over 85. As we continue to see people live longer lives, […]

    Nippon Life to Acquire 20% Stake in Corebridge

    {May 21st, 2024} by Allison Bell

    Nippon Life has agreed to pay $3.8 billion for a 20% stake in AIG’s Corebridge Financial life insurance and annuity affiliate. The companies hope to complete the deal by March 31, AIG said Thursday. Click HERE to read the full story via Think Advisor

    Lincoln Financial Gets New Individual Life & Annuities Head

    {May 21st, 2024} by Allison Bell

    Lincoln Financial has picked Brian Kroll, a former company executive, to take over as head of retail life and annuity solutions. Kroll succeeds Matt Grove, who will serve as a company advisor until Dec. 31, according to a new filing. Click HERE to read the full story via Think Advisor

    Gimme (tax) shelter: The unlimited annuity shielding ultrawealthy clients

    {May 21st, 2024} by Tobias Salinger

    The tax benefits of private placement variable annuities for wealthy clients are drawing scrutiny and calls for a federal crackdown — but they’re not going away anytime soon. Deferral or the outright avoidance of taxes on income, capital gains and estates has drawn billions of dollars to private placement life insurance and annuities. The growth […]

    Is planning for age 95 longevity overkill?

    {May 21st, 2024} by Leo Alamazora

    With data drawing on 266 million cases, white paper suggests the rule of thumb can cause retirement plans to massively overshoot clients’ actual needs. A new white paper from HealthView Services, a leading provider of retirement cost data and planning tools for the financial industry, is challenging the industry practice of planning for clients to […]

    We’ll continue to fight’: Greg Lindberg attorney says bribery case isn’t over

    {May 21st, 2024} by John Hilton

    An attorney for embattled financier Greg Lindberg hinted at an appeal two days after his client was convicted for a second time of bribing North Carolina Insurance Commissioner Mike Causey. “We were genuinely surprised by the verdict. We will continue to fight,” said Brandon McCarthy, partner at Katten, Muchin, Rosenman. Click HERE to read the […]

    Greg Lindberg faces up to 30 years in prison after guilty verdict on bribery charge

    {May 21st, 2024} by John Hilton

    Greg Lindberg, troubled financier and former owner of Colorado Bankers Life Insurance Co., was found guilty Wednesday for a second time of bribing the North Carolina insurance commissioner. The jury returned unanimous guilty verdicts for Lindberg, 53, and consultant John Gray on the two counts they were charged with: bribery and conspiracy to commit honest […]

    Former Beachbody Exec Buys Annuity.com, Plans $16M Revamp

    {May 21st, 2024} by Allison Bell

    A direct-sales marketing veteran and executive coach wants to help annuity agents pump their sales up. Brett Blake, the former managing director of Team Beachbody, has acquired Annuity.com Inc. from Bill Broich. He has announced plans to spend $15.7 million to build a platform that agents can use to educate and connect with retirement savers. Click HERE […]

    Integrity and Northern Ohio Health and Wellness Benefits Partner to Offer Holistic Solutions to American Families

    {May 21st, 2024} by Integrity Marketing Group, LLC

    Integrity’s robust Suite of Solutions will empower the fast-growing agency to bolster its focus on helping agents better protect the life, health and wealth of the clients they serve DALLAS, May 15, 2024 /PRNewswire/ — Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, […]

    New annualized life insurance premium dips in Q1, LIMRA reports

    {May 21st, 2024} by LIMRA

    Total individual life insurance new annualized premium slipped 1% year over year to $3.76 billion in the first quarter, according to LIMRA’s preliminary U.S. Life Insurance Sales Survey. The total number of policies sold also dropped 1% in the first quarter. The decline doesn’t mean a lack of positive news within the numbers, said John […]

    More people are turning 65 this year than ever before. That has sparked a gold rush for the retirement industry

    {May 20th, 2024} by Samantha Delouya

    More Americans are turning 65 this year than ever before, and that number is set to creep even higher over the next few years. It’s fueling a huge rollout of new retirement products — but they’re not all golden tickets. An average of 11,200 Americans will reach that traditional retirement age each day in 2024, […]

    Let’s End the Annuity Commission Smear

    {May 14th, 2024} by David Macchia

    In today’s video, I set the record straight on an annuity commissions. Agents are not overpaid. Commissions are not a bad thing. In fact, they’re very good thing…for consumers. “Sheryl Moore was kind enough to share some stats with me, from her Wink’s Sales & Market Report.“

    How many different insurance companies are you appointed with?

    {May 14th, 2024} by Sheryl J. Moore

    This U.S. Department of Labor stuff is driving me crazy. I could use your help updating a stat that I use… Click HERE for the poll: For insurance agents- how many different insurance companies are you appointed with?   -sjm  

    This is what U.S. DOL relied on

    {May 14th, 2024} by Sheryl J. Moore

    The U.S. Department of Labor relied upon a study of RIAs and B/Ds for their rationale on indexed annuities, which are sold by independent insurance agents 57.4% of the time. As a lady who relies on FACTS, to do what she does, I am completely baffled by the made-up bologna that the U.S. Department of Labor […]

    Brighthouse to Change How It Makes RILAs

    {May 14th, 2024} by Allison Bell

    Brighthouse Financial has increased sales of registered index-linked annuities so quickly that it will have to move to a different strategy for making RILAs, company executives said Wednesday. Brighthouse has been managing the financial machinery behind the RILA benefit guarantees together with the financial machinery behind its traditional variable annuities. Click HERE to read the full […]

    The DOL Retirement Security Rule Promotes a Narrow Worldview

    {May 14th, 2024} by David Macchia

    When the Labor Department wrote the document it used to describe its new Retirement Security Rule, department officials embraced the worldview of registered securities sales representatives and other investment advisors. Not the worldview of insurance agents, and certainly not the worldview of retirement income distribution planners. Click HERE to read the full story via Think Advisor

    U.S. Life Activity Springs Back Up

    {May 14th, 2024} by Allison Bell

    U.S. life insurance application activity jumped up in April, after drifting through months of weak year-over-year performance. Shoppers submitted 10.3% more applications last month than in April 2023, according to new data from MIB Group. Click HERE to read the full story via Think Advisor

    Will Courts Crush DOL’s New Fiduciary Rule Soon? Don’t Count on It.

    {May 14th, 2024} by Melanie Waddell

    Now that the Labor Department’s new fiduciary rule has been hit with its first lawsuit, others are likely to follow. In the meantime, compliance with the rule marches on as the effective date nears — and advisors should stay the course. On May 2, the Federation of Americans for Consumer Choice and several independent insurance […]

    Annuity Issuer CEO Names DOL Fiduciary Rule Winners and Losers

    {May 14th, 2024} by Allison Bell

    The new U.S. Labor Department fiduciary standards for retirement rollover advice could help stronger independent marketing organizations crowd out competitors, according to the leader of a top annuity issuer. Chris Blunt, the chief executive officer of F&G Annuities & Life, talked about the impact of the department’s new Retirement Security Rule regulation effort last week, […]

    National Western Life Group, Inc. Announces 2024 First Quarter Earnings

    {May 14th, 2024} by National Western Life Group, Inc.

    AUSTIN, Texas, May 9, 2024 /PRNewswire/ — Ross R. Moody, Chairman of the Board, President, and Chief Executive Officer of National Western Life Group, Inc. (Nasdaq: NWLI), announced today first quarter 2024 consolidated net earnings of $73.6 million, or $20.82 per diluted share of Class A Common Stock, compared with consolidated net earnings of $12.3 million, or $3.48 per diluted share of Class A Common […]

    TruStage Enhances Zone Income Annuity Product with Greater Flexibility

    {May 14th, 2024} by TruStage

    MADISON, Wis., May 8, 2024 /PRNewswire/ — TruStage™, an insurance, investment and technology provider, focused on making brighter financial futures accessible for all, today announced enhancements to its Zone Income Annuity underwritten by MEMBERS Life Insurance Company. The changes help allow TruStage to better meet modern client expectations for customized investment and income options. With new withdrawal […]

    F&G Annuities & Life Reports First Quarter 2024 Results

    {May 14th, 2024} by F&G Annuities & Life, Inc.

    DES MOINES, Iowa, May 8, 2024 /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 first quarter ended March 31, 2024. Net earnings attributable to common shareholders (net earnings) for the first quarter of $111 million, […]

    FNF Reports First Quarter 2024 Financial Results

    {May 14th, 2024} by Fidelity National Financial, Inc.

    JACKSONVILLE, Fla., May 8, 2024 /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 & […]

    KBRA Assigns Ratings to SILAC Insurance Company and Sterling Investors Life Insurance Company

    {May 14th, 2024} by KBRA

    EW YORK–(BUSINESS WIRE)–KBRA assigns BBB insurance financial strength ratings to SILAC Insurance Company (“SILAC”) and Sterling Investors Life Insurance Company (“SILIC”). The Outlook for both ratings is Stable. The ratings reflect solid capitalization with favorable growth trends in capital, a seasoned management team, minimal exposure to disintermediation risk, and expanded distribution with a focus on […]

    Gainbridge® Announces Parity Week to Empower Girls and Women in Sports and Education

    {May 14th, 2024} by Gainbridge

    ZIONSVILLE, Ind.–(BUSINESS WIRE)–As part of this year’s “Parity Week by Gainbridge®: Investing in the Future of Women’s Sports,” Gainbridge® announces grants totaling $150,000 to deserving organizations that support girls and women through sports and/or education from Gainbridge®, Parity, and Women Gainbridge®, a Group 1001 company, is partnering with its sister company Parity, a brand sponsorship platform committed […]

    Jackson Announces First Quarter 2024 Results

    {May 14th, 2024} by Jackson National Life Insurance Company

    LANSING, Mich.–(BUSINESS WIRE)–Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced its financial results for the first quarter ended March 31, 2024. Key Highlights Net income (loss) attributable to Jackson Financial Inc. common shareholders of $784 million, or $9.94 per diluted share in the first quarter of 2024, compared to $(1.5) billion, or $(18.11) per diluted […]

    Brighthouse Financial Announces First Quarter 2024 Results

    {May 14th, 2024} 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 first quarter ended March 31, 2024. First Quarter 2024 Results The company reported a net loss available to shareholders of $519 million in the first quarter of 2024, or $8.22 per diluted share, compared with a […]

    DALBAR Reveals Variable Annuity Statements that Exceed Expectations

    {May 14th, 2024} by DALBAR

    MARLBOROUGH, Mass.–(BUSINESS WIRE)–DALBAR, the authority on financial services communications quality, unveiled the results of its 26-year annual review of account statements, crowning Corebridge Financial, Lincoln Financial and Jackson National Life Insurance Company® (Jackson®) as the standard bearers for variable annuity statements. Reigning supreme for 22 years, Corebridge Financial topped the list again by demystifying annuity statements with […]

    Lincoln Financial Group and American Century Enhance Offerings in Variable Insurance Trusts Lineup

    {May 14th, 2024} by Lincoln Financial Group

    RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) and American Century Investments announced today that they are strengthening their partnership by leveraging American Century’s investment expertise and Lincoln Financial’s platform to provide additional opportunities and an enhanced lineup to support investor needs. On April 4, 2024, shareholders of the American Century Variable Portfolios funds approved the […]

    Protective Life Corporation Announces Board of Directors Updates

    {May 14th, 2024} by Protective Life Corporation

    BIRMINGHAM, Ala.–(BUSINESS WIRE)–Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announces updates to its board of directors. Newly appointed directors include Stephen Barnham, Senior Managing Executive Officer, Chief Information Officer and Chief Digital Officer of Dai-ichi Life Holdings, Inc.; Joseph Guastella, Owner of OJW Advisors; Bruce Koepfgen, former President of […]

    Lincoln Financial Meets Shifting Customer Need for Growth and Flexibility With Revamped MoneyGuard® Product

    {May 14th, 2024} by Lincoln Financial Group

    RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) is meeting shifting customer preferences for growth over guarantees1 with the launch of Lincoln MoneyGuard Market Advantage® (2024), issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and providing consumers with trusted long-term care protection, increased investment options and flexibility, and a tax advantage their portfolio might be missing. Lincoln […]

    Major insurance company moving to downtown Des Moines, a boost for office market, restaurants

    {May 14th, 2024} by Tyler Jett

    Downtown Des Moines received a big boost Thursday when American Equity Investment Life Holding Co. announced that it will move its headquarters to the city center from the suburbs. The company, acquired last week by Brookfield Reinsurance in a deal valued at $4.3 billion, will move from its West Des Moines offices by the time its current […]

    How much of an income edge could retirees get from annuities?

    {May 14th, 2024} by Leo Alamazora

    TIAA, a provider of lifetime income solutions, has introduced a new metric designed to illustrate the potential income boost new retirees could achieve from incorporating an annuity strategy into their financial planning compared to just following the 4% rule. Click HERE to read the full story via InvestmentNews

    New Metric Demonstrates the TIAA Annuity Paycheck Advantage in Retirement

    {May 14th, 2024} by TIAA

    NEW YORK, May 13, 2024 /PRNewswire/ — TIAA, the leader in lifetime income, has launched a new metric—the TIAA Annuity Paycheck Advantage—that demonstrates, in a concise, easily understandable way, the potentially significant additional income new retirees can receive by combining a TIAA annuity with a 4% withdrawal versus using the standard 4% withdrawal rule alone.ii “Retirement advice tends […]

    F&G Annuities & Life Announces Appointment of John Currier to President

    {May 14th, 2024} by F&G Annuities & Life, Inc.

    DES MOINES, Iowa, May 13, 2024 /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 the appointment of John Currier to the position of President, continuing to report to Chris Blunt, Chief Executive Officer. In addition to his role as […]

    Nearly half of Americans expect slow transition into retirement

    {May 14th, 2024} by Allianz Life

    MINNEAPOLIS – May 7, 2024 – Americans’ view of retirement is shifting as nearly half of Americans think about retirement as a slow transition away from full-time work rather than a distinct day in the future to leave the workforce, according to the 2024 Annual Retirement Study* from Allianz Life Insurance Company of North America (Allianz […]

    Bestow to sell its life insurance company to Sammons

    {May 14th, 2024} by Susan Rupe

    Bestow Inc. announced Thursday it will sell its life insurance company to Sammons Financial Group. Bestow Life Insurance Co. will transition to Sammons as soon as the state of Iowa approves the deal, following the required hearing scheduled for May 28. Bestow Inc. will continue to leverage its technology and platform as part of the […]

    Gen Z clients may be the right fit for the new breed of IUL products

    {May 14th, 2024} by Joshua Stanfield

    Do you remember when you were 25 years old? For some of us, it’s a more recent memory than others, but we can all identify with the 25-year-olds who are finally finding their financial footing. Their student loan debt may be decreasing, their salary growing and they may be wondering what’s next.  Click HERE to […]

    Athene commits to FIAs and ‘custom indices’ as it dominates annuity sales

    {May 14th, 2024} by John Hilton

    Athene Life and Annuity maintains a Secretariat-like lead over the field in annuity sales, but the insurer still sees turbulence within its product mix. Athene executives met with Wall Street analysts Thursday to pull back the curtain on its first-quarter financial numbers. In 2023, Athene nearly lapped the field with $35.5 billion in annuity sales, […]

    Former American Income agent surrenders license in phony life app flap

    {May 14th, 2024} by John Hilton

    A Pennsylvania agent found to be selling fictitious life insurance policies is providing more ammunition for critics of Globe Life Insurance Co. Jenna S. Grula, of Hanover Township, Pa., allegedly submitted 13 fraudulent life insurance applications between Nov. 14, 2018, and June 27, 2023, according to an April 29 consent order from the Pennsylvania Department […]

    Greg Lindberg back on trial for alleged bribery of insurance commissioner

    {May 14th, 2024} by John Hilton

    Troubled financier Greg Lindberg faces a second trial on high-profile bribery allegations starting Tuesday. Lindberg was convicted in 2020 on bribery and fraud charges, along with consultant John Gray. They were caught on tape offering North Carolina Insurance Commissioner Mike Causey up to $2 million to replace the deputy in charge of monitoring Lindberg’s companies. […]

    Allianz focuses on accumulation market with new FIA

    {May 14th, 2024} by John Hilton

    Allianz Life Insurance Co. has a long history as a top-selling annuity company with a diverse product suite. The insurer recently added to its annuity shelf with the new accumulation-focused product, Allianz Accumulation Advantage+. The fixed-index annuity combines accumulation potential with a premium bonus, Allianz said in a news release.  Click HERE to read the full […]

    What’s pushing many Americans into a debt spiral?

    {May 14th, 2024} by Leo Alamazora

    A recent survey by Achieve, a digital personal finance company, highlights the challenges American households face in managing debt amid rising inflation and stagnant wages. Click HERE to read the full story via InvestmentNews

    Brookfield Reinsurance Announces Credit Rating Upgrade of American Equity Investment Life Insurance Company to A

    {May 14th, 2024} by Brookfield Reinsurance

    BROOKFIELD, NEWS, May 07, 2024 (GLOBE NEWSWIRE) — Brookfield Reinsurance (NYSE, TSX: BNRE, BNRE.A) today announced that its wholly-owned operating subsidiary American Equity Investment Life Insurance Company (“AEL”) has received an upgrade to its Insurer Financial Strength (“IFS”) rating from S&P Global Ratings (“S&P”) to “A” from “A-”. The upgrade reflects AEL being core to […]

    Prudential’s Record FlexGuard Sales Hint at Largely Untapped Market

    {May 14th, 2024} by Warren S. Hersch

    Wink CEO Sheryl Moore also thinks that indexed-linked variable life policies will become more prevalent. Like Parrish, she sees consumer interest in comparable structured annuities fueling adoption — and among a certain type of buyer. “The ideal prospect for structured life is a consumer wanting cash value life insurance that can outpace indexed life but has the ability […]

    Fitch affirms A- rating and revises outlook to positive for Constellation Insurance, Inc.

    {May 14th, 2024} by Constellation Insurance Inc.

    Constellation Insurance, Inc., announced today Fitch Ratings has affirmed its ‘A-‘ Insurer Financial Strength (IFS) rating for AuguStarSM Life Insurance Company, AuguStarSM Life Assurance Corporation and National Security Life and Annuity Co., and has revised the outlook to positive from stable. “We are pleased that Fitch has recognized the continued successful execution of our enterprise strategic plan […]

    Osaic Closes Lincoln RIA and BD Acquisition

    {May 14th, 2024} by John Manganaro

    Osaic, formerly Advisor Group, says it has successfully closed its acquisition of broker-dealer Lincoln Financial Advisors and Lincoln Financial Securities, its partner registered investment advisor firm. Osaic revealed its acquisition plan in December, noting that the dual transaction would bring about 1,450 advisors and $115 billion in client assets to the firm. At the time, Osaic […]

    Getting to know our Chief Everything Officer

    {May 13th, 2024} by Wink's Intel Pros

    VICTORIA L. GROSSMAN, A.K.A. TORI, A.K.A. THE “DECISION DIVA.” Victoria is our Chief Everything Officer as Wink’s President and she was the first employee that Sheryl J. Moore hired to work with her at Wink. She became a member of the Moore family after Sheryl’s then four-year-old son hit on her at her teenage job. […]

    I never like these lists

    {May 7th, 2024} by Sheryl J. Moore

    I never like these lists, simply because the “best” is in the needs, goals, and objectives of the annuity purchaser…yet- Bankrate needs to do better “research” with their list of “Best Annuity Companies.” Allianz Life does not have any annuities that exceed a 10-year surrender charge period. And they offer three different types of deferred […]

    WHAT is this based upon?

    {May 7th, 2024} by Sheryl J. Moore

    “Knowing whether your financial advice is coming from a trusted professional or someone akin to a car salesman may soon become easier.” How do you feel about their analogies?  Click HERE to read The Final DOL Fiduciary Rule Has Arrived. Here’s What It Means for Investors via Morningstar   Sheesh. Talk about out-of-touch! “According to […]

    American Equity buyer announces commitment to Des Moines metro, promotes local exec to CEO

    {May 7th, 2024} by Tyler Jett

    American Equity Investment Life Holding Co.’s new owner will maintain strong ties in Des Moines, announcing Friday that it is keeping the business’ headquarters in the metro and choosing a long-time local money manager to run it. In a letter to employees, Brookfield Reinsurance Managing Partner Jon Bayer wrote that the company will promote American Equity Chief […]

    What are ‘excess return’ indexes?

    {May 7th, 2024} by Kerry Pechter

    Like many FIA issuers, Ibexis Life uses ‘excess return’ indexes in its product. In the context of FIA indexes, ‘excess return” doesn’t mean ‘out-performance relative to a benchmark’ or ‘alpha.’ It means net performance above the yield of a risk-free asset. Click HERE to read the full story via RIJ

    RILAs: Supporting client goals in retirement

    {May 7th, 2024} by Susan Rupe

    This is the year of “peak 65,” with a record 4.1 million Americans poised to turn 65 in 2024 and every year through 2027. As Americans in this record surge hit retirement age, they and their advisors must navigate four core risks that will impact their retirement portfolios through the decumulation phase: longevity, inflation, volatility […]

    The Biggest Threat to Life and Annuity Issuers Is Not the DOL Fiduciary Rule

    {May 7th, 2024} by Allison Bell

    This is the latest in a series of columns about annuities and retirement planning. Recent ransomware attacks show that passwords and Social Security numbers have stopped working as secure methods of authentication. Life, health and annuity issuers are, obviously, deeply concerned but seem to lack the right, extreme level of panic. While the widely discussed Labor Department […]

    Millennials May Be Losing Life Insurance Knowledge

    {May 7th, 2024} by Allison Bell

    The slump in traditional media and skepticism about social media may be hurting life insurers’ ability to reach millennials. Managers of the latest 2024 Insurance Barometer Study by Life Happens and LIMRA found that, even though the oldest millennials are turning 44 and the youngest are already 28, millennials’ knowledge about life insurance is getting worse. Click […]

    S&P 500 Falls 1% at End of Worst Month This Year

    {May 7th, 2024} by Rita Nazareth

    The stock market got hit after the latest economic data showed a plunge in consumer confidence and persistent wage pressures in the run-up to the Federal Reserve decision. Equities were on track for their worst month since September on speculation the Fed will keep rates unchanged at a two-decade high on Wednesday — with officials […]

    Fiduciary Rule Lawsuit? Bring It, DOL Chief Says

    {May 7th, 2024} by Melanie Waddell

    Acting Labor Secretary Julie Su told House lawmakers Wednesday that Labor’s new fiduciary rule can withstand legal challenges. During a question and answer exchange with Rep. Tim Walberg, R-Mich., during a hearing held by the House Education and the Workforce Committee, Walberg reminded Su that Labor’s 2016 rule was struck down in 2018 by the U.S. […]

    Lawsuit Cuts Equitable’s $1.3B Gain on a Universal Life Price Hike

    {May 7th, 2024} by Allison Bell

    Equitable expects to give up close to half of the $1.3 billion total revenue increase it once hoped to get from a cost-of-insurance charge increase imposed on some holders of the company’s Athene Universal Life II policies. The New York-based life insurer and asset manager noted in its earnings release for the first quarter that the results include […]

    New DOL Fiduciary Rule Hit With First Lawsuit

    {May 7th, 2024} by Melanie Waddell

    The Federation of Americans for Consumer Choice and several independent insurance agents are suing the Labor Department over its new fiduciary rule. The lawsuit, filed Thursday in the U.S. District Court for the Eastern District of Texas, in Tyler, is the first against Labor’s new fiduciary rule, which the department released last week. Click HERE to read the […]

    North American Secure Horizon FIA Suite Expands With the New Secure Horizon Accelerator With Immediate Premium Bonus

    {May 7th, 2024} by Annexus

    SCOTTSDALE, Ariz.,, April 30, 2024 /PRNewswire/ — North American Company for Life and Health Insurance® (North American), a member company of Sammons® Financial Group and one of the largest issuers of fixed index annuities (FIAs) in the U.S.,1 is once again expanding its partnership with Annexus, a leading independent insurance retirement product design and distribution company. Today the two companies […]

    Why Annuities Belong In Clients’ Retirement Income Plans

    {May 7th, 2024} by Paul R. Samuelson

    I drive a Chevy Volt, frequent public transportation and bike to work when the weather allows. I’m conservative in my spending and investing and relatively immune to fads. I won’t be baited into paying extra fees for goods or services when I don’t think they’re worth the cost.   So readers may find it surprising […]

    How Fixed Annuities Beat Mutual Funds in a DOL Fiduciary Rule Asset Table By Allison Bell

    {May 6th, 2024} by Allison Bell

    Labor Department regulation analysts recently shocked the U.S. fixed annuity community. The department set tough new retirement account rollover advice fiduciary standard requirements. The department also reported that, as of 2022, 10-year asset growth had been 6% for fixed annuities, 3% for variable annuities and just 2.9% for mutual funds. Stocks ranked first, with 10-year asset growth of […]

    Trump-appointed judge will hear lawsuit against DOL fiduciary rule

    {May 6th, 2024} by John Hilton

    Judge Jeremy D. Kernodle, a Trump appointee, will hear the first lawsuit to the Department of Labor’s fiduciary rule. Assigned Friday to hear the lawsuit filed by the Federation of Americans for Consumer Choice, Kernodle has a staunch limited-government conservative background. FACC is joined by several independent insurance agents in the lawsuit filed Thursday in the Eastern […]

    Athene, honored again by United Way’s, sets a high bar in community involvement, philanthropy

    {May 6th, 2024} by Carol Hunter

    For the fourth year in a row, United Way has honored Athene with its Spirit of Central Iowa award, further cementing the retirement services company’s status as a corporate leader in community involvement and philanthropy. West Des Moines-based Athene is a relative newcomer to the metro; its purchase of Aviva USA closed in October 2013. […]

    Prospective Everton buyer faces new troubles on two fronts

    {May 6th, 2024} by Kenneth Araullo

    Concerns have been raised by AM Best regarding the quality of assets held by the reinsurer, prompting A-Cap to reclaim assets previously ceded to 777 Re through reinsurance transactions. This action follows regulatory pressure to lessen their exposure to the investment firm. In their legal filing, the insurers argue that AM Best’s impending rating downgrade […]

    Equitable Holdings Reports First Quarter 2024 Results

    {May 6th, 2024} 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 first quarter ended March 31, 2024. “We reported non-GAAP operating earnings of $1.43 per share, up 49% compared to the prior year quarter. After adjusting for notable items in both periods, non-GAAP EPS rose 18%. Strong […]

    Lincoln Financial Group Completes Sale of Wealth Management Business to Osaic, Inc.

    {May 6th, 2024} by Lincoln Financial Group

    RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) today announced that it has completed the sale of its wealth management business, including all ownership interests in the Lincoln subsidiary entities comprising that business, to Osaic, Inc. (Osaic), one of the nation’s largest providers of wealth management solutions. The sale provides Lincoln with approximately $650 million of […]

    Prudential Financial, Inc. Announces First Quarter 2024 Results

    {May 6th, 2024} by Prudential

    NEWARK, N.J.–(BUSINESS WIRE)–Prudential Financial, Inc. (NYSE: PRU) today reported first quarter results. Net income attributable to Prudential Financial, Inc. was $1.138 billion ($3.12 per Common share) for the first quarter of 2024, compared to $1.462 billion ($3.93 per Common share) for the first quarter of 2023. After-tax adjusted operating income was $1.141 billion ($3.12 per Common share) […]

    Brookfield Reinsurance and AEL Announce Expected Closing Date for Brookfield Reinsurance’s Acquisition of AEL

    {May 6th, 2024} by Brookfield Reinsurance

    WEST DES MOINES, Iowa–(BUSINESS WIRE)–Brookfield Reinsurance (NYSE, TSX: BNRE) and American Equity Investment Life Holding Company (NYSE: AEL) (“AEL”) today announced that the previously announced acquisition of AEL by Brookfield Reinsurance is expected to close following the close of market on May 2, 2024. About AEL At American Equity Investment Life Holding Company, our policyholders […]

    Global Atlantic 2024 Retirement Outlook Survey: Retirement Age Investors Value Asset Protection Over Growth

    {May 6th, 2024} by Global Atlantic Financial Group

    NEW YORK–(BUSINESS WIRE)–While U.S. markets rebounded in 2023, retirement age investors are still prioritizing strategies for generating reliable retirement income and protecting their nest eggs against volatility, according to the Global Atlantic 2024 Retirement Outlook Survey, a new study from Global Atlantic Financial Group (“Global Atlantic”). Nearly two-thirds (61%) of respondents would rather protect their assets than try to […]

    Pacific Life Enhances Suite of Annuities to Address Retirement Income Needs

    {May 6th, 2024} by Pacific Life

      NEWPORT BEACH, Calif.–(BUSINESS WIRE)–To continue serving consumers’ varying retirement-income needs, Pacific Life recently enhanced the features of three of its optional benefits, available with certain advisory and traditional variable annuities for an additional cost. Designed for growth and protection, these strategies offer clients the flexibility to protect their money or withdraw income in retirement. […]

    Lincoln Financial Group Reports 2024 First Quarter Results

    {May 6th, 2024} by Lincoln Financial Group

    RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) today reported financial results for the first quarter ended March 31, 2024. Net income available to common stockholders was $1.2 billion, or $6.93 per diluted share. Adjusted operating income available to common stockholders was $71 million, or $0.41 per diluted share. Adjusted operating income available to stockholders was […]

    Corebridge Financial Announces First Quarter 2024 Results

    {May 6th, 2024} by Corebridge Financial, Inc

    HOUSTON-(BUSINESS WIRE)–Corebridge Financial, Inc. (“Corebridge” or the “Company”) (NYSE: CRBG) today reported financial results for the first quarter ended March 31, 2024. Kevin Hogan, President and Chief Executive Officer of Corebridge, said, “Corebridge had a very strong start to 2024 with operating earnings per share increasing 13% year over year to $1.10. These results demonstrate […]

    What will the DOL rule mean for advisors?

    {May 6th, 2024} by Susan Rupe

    The Department of Labor has several objectives in issuing its latest iteration of the fiduciary rule and one of them is expanding the scope of fiduciary activities, a Washington attorney said. The National Association of Insurance and Financial Advisors gave a breakdown of how the fiduciary rule will impact advisors and consumers during a recent […]

    Revol One Financial retools with new annuity products, big goals

    {May 6th, 2024} by John Hilton

    There are a lot of insurance companies in the annuity sales game. But the new regime at Revol One Financial say they have a strategy to dent the leaderboard: speed and customer service.   Click HERE to read the full story via INN   Article excerpt: Revol One generated some industry buzz with its announcement, […]