Cerulli: Minority of Advisors Make Majority of VA Sales
By staff WriterOnly 18% of financial advisors sell 12 or more annuity contracts per year, and those advisors account for about 68% of variable annuity sales.
June 13, 2011
IRI: VA Issuers Prefer to Keep GuaranteesU.S. insurers would rather hedge variable annuity living benefits guarantees, or charge more for the guarantees, than to eliminate the guarantees altogether.
June 13, 2011
New Variable Annuities From The Hartford Offer Principal, Income GuaranteesThe Hartford announced Monday that it was launching a suite of variable annuities with personal protection options.
June 13, 2011
Training Key to More Advisor Use of Variable Annuities: IRI-Cerulli SurveyIRI CEO Cathy Weatherford says research shows that Boomers are most concerned about having sufficient income throughout their retirement.
June 07, 2011
Annuity update: Sales up by double digitsThe Insured Retirement Institute (IRI) reported last week that first quarter annuity sales gained a double digit increase over sales from the same time period last year.
June 07, 2011
Annuity update: Sales up by double digitsThe Insured Retirement Institute (IRI) reported last week that first quarter annuity sales gained a double digit increase over sales from the same time period last year.
May 31, 2011
Annuity Assets Were Highest Ever in Q1: MorningstarAnnuity sales hit a new high-water mark with results for the first quarter of 2011, when they logged in with assets reaching their highest level ever and posted double-digit increases over the same period in 2010.
May 02, 2011
Annuity Industry Had Volatile Year in 2010The annuity industry was marked by volatility in 2010, a report released Friday by SNL Financial found.