Equitable Holdings Reinsures Legacy Variable Annuity Block to Venerable, Accelerating Capital Return
Equitable Holdings has entered into an agreement with Venerable Holdings to reinsure legacy variable annuity policies by approximately $12 billion.
Equitable Holdings has entered into an agreement with Venerable Holdings to reinsure legacy variable annuity policies by approximately $12 billion.
John Schlifske, Northwestern Mutual CEO joins the On the Move panel to discuss the impact of COVID on the life insurance industry.
Research shows that people with a guaranteed lifetime income source tend to be happier and live longer.
Annuities not only come in an array of types but also from various firms and Baby bonds come in more shapes and sizes.
A bipartisan bill has been introduced in the House that would make significant changes to 401(k), 403(b), IRAs and other retirement plans.
The problem is most investors have no idea what kind of income their savings will generate or if they are even saving enough to hit a certain level.
The Fed's new framework should help to address shortfalls in employment, helping affected workers find new opportunities.